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Willingness to Plant Identity Preserved Crops: The Case of Mississippi Soybeans

Published online by Cambridge University Press:  12 June 2017

Darren Hudson  and
Tom Jones
Darren Hudson
Affiliation:
Department of Agricultural Economics, Mississippi State University
Tom Jones
Affiliation:
Department of Agricultural Economics, Mississippi State University
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Abstract

The willingness to plant identity preserved (IP) crops was examined using Mississippi soybean producers as an example. A contingent valuation framework was used to assess the impacts of offered premiums on a producer's probability of planting IP soybeans. Findings suggest that offered premiums significantly affect planting decisions. In addition, desire to learn more about IP production was found to increase the probability of planting, suggesting that desire to learn leads to experimentation. Finally, prior knowledge or experience planting IP crops significantly decreased the probability of planting.

Keywords

identity preservationsoybeanscontingent valuationexperimentationlogitprobitQ13Q16

Information

Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 33 , Issue 3 , December 2001 , pp. 475 - 485
Copyright
Copyright © Southern Agricultural Economics Association 2001

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