Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 19 ISSUE 2
Written by Hristofor KIRCHEV, Ivan PENOV
Triticale is known with its high grain yield potential. This man-made plant is interesting also because its nutritional value which exceeds those of wheat and rye. Triticale breeding studies focus on productivity, green mass, nutritional content, etc. These studies showed the importance of nitrogen fertilizer optimization for triticale. This article focuses on the economic issues of such experiments and provides a systematic approach for studying these aspects. First, the production function is constructed, estimated and the main issues related to this process are discussed. Second, the maximum yield is determined, considering: the variety of triticale; the differences in the regions where the experiments were conducted; and the weather conditions. Third, the yield that maximizes the profit is calculated using the current prices of triticale and nitrogen fertilizer. Finally, the demand for nitrogen fertilizer is estimated. The presented frame can be expanded and to include more parameters.
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