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The Cotton Wizard is an implementation of a cotton variety selection model intended toassist decision-makers (including producers, farm managers, extension specialists, and breeders)in variety selection. The program uses objective cotton performance test data available fromstate agricultural experiment stations. The decision criteria for variety selection are based onexpected economic return (mean net revenue) of a variety and the variability of returns(coefficient of variation). Total revenue is calculated from lint price and seed price, and lint andseed yields. Lint and seed prices are determined by their respective quality characteristics.Adjustments are made for costs that may differ among varieties, such as planting seed cost (seedand technology costs), harvest and ginning costs, and herbicide and insecticide costs incomparisons of transgenic and conventional varieties. Users are provided with information onvarieties—such as mean net revenue (total revenue less costs), variability in net revenue, andagronomic characteristics—to aid in the decision process. The Cotton Wizard is available as aWeb application.

Subject(s): Crop Production/Industries

Farm Management

Production Economics

Issue Date: 2010

Publication Type: Report

PURL Identifier:

Total Pages: 34

Series Statement: CERI


Record appears in: Texas Tech University > Department of Agricultural and Applied Economics > Cotton Economics Research Institute CER Series

Autor: Elam, Emmett W. ; Reeves, Jeanne M.


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