Economic Analysis of Beneficial Management Practices Adoption on Canola Production in Canada: Evidence and Policy Implications from First Nations in Saskatchewan
Date
2024-08-29
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ORCID
Type
Thesis
Degree Level
Masters
Abstract
This study utilized the Decision Support System for Agrotechnology Transfer (DSSAT) model to examine the effect of farm practice such as fertilizer application on canola yield from 2017 to 2040 on the Mistawasis Nêhiyawak First Nation reserve in central Saskatchewan. Following three separate fertilizer application scenarios, the results highlighted the effectiveness of integrating organic and inorganic fertilizers as BMP technology under the Integrated Nutrient Management (INM) practice for enhancing crop productivity.
The financial analysis further showed the economic viability of BMP technology adoption, particularly in increasing nitrogen fertilizer application beyond 135 kg/ha in optimizing returns to farmers, with higher net profits and positive net present value (NPV) values compared to the base technology. Sensitivity analysis emphasized the importance of considering uncertainties in discount rates and crop prices, indicating the significance of sustainable farming practices for ensuring enduring economic viability. This study provides valuable insights into optimizing fertilizer management practices and promoting sustainable agriculture in canola production, particularly on First Nation reserves in Canada.
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Keywords
Decision Support System for Agrotechnology Transfer (DSSAT), Integrated Nutrient Management (INM), Best Management Practices (BMP)
Citation
Degree
Master of Science (M.Sc.)
Department
Agricultural and Resource Economics
Program
Agricultural Economics