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Analysis to Assess Potential Economic Benefits of WTM by SI H. W. Belcher Michigan State University.

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Presentation on theme: "Analysis to Assess Potential Economic Benefits of WTM by SI H. W. Belcher Michigan State University."— Presentation transcript:

1 Analysis to Assess Potential Economic Benefits of WTM by SI H. W. Belcher Michigan State University

2 Study Objective Develop a means of easily examining the economic feasibility of subirrigation.

3 Why Farmers were interested in converting drainage systems to subirrigation. Biggest question - would it make them money?

4 Constraints easy to use flexible allow site specific application

5 Annual Cost of System Capital Cost Operation: Labor, Power Maintenance

6 Annual Income Increase = value of yield increase

7 SI-ECON

8

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10 Example

11 Example (continued)

12

13

14 What If - Market Price

15 What If - Capital Cost

16 Conclusions SI often provides increase yield for field corn / soybean rotations grown in Michigan. Increased yield may not result in increased profit. SI-ECON provides a means of easily evaluating the economic feasibility of SI on a site by site basis.


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