IDEAS home Printed from https://ideas.repec.org/a/gam/jagris/v13y2023i5p1057-d1147314.html
   My bibliography  Save this article

Assessing the Value of Organic Fertilizers from the Perspective of EU Farmers

Author

Listed:
  • Michael Friedrich Tröster

    (Agricultural Education Center Triesdorf, Markgrafenstraße 12, 91746 Weidenbach, Germany)

Abstract

Fertilizer prices have risen worldwide since the end of 2021. In this context, the value of organic fertilizers has also changed from the farmers’ perspective. Hence, an open question about their value arises with an increased demand for organic fertilizers. This question must be addressed individually for each farm. Hence, a linear optimization model is applied. The model can be adapted to farm conditions and provides mineral and organic fertilizers as plant nutrition variables. The price level at which an organic fertilizer becomes competitive within the farm can be identified by parameterizing the organic fertilizer prices. This substitution value marks the maximum price a buyer could pay for a particular fertilizer. This method is repeated in the study in different scenarios. For an exemplary digestate (N-P 2 O 5 -K 2 O = 5-2-5 kg per ton), substitution values between EUR 1.70 and EUR 16 per ton could be determined, excluding transport and application cost. This study provides a basis for a decision support system that farmers can use to determine the value of organic fertilizers. As a positive implication, it can be expected that organic fertilizers will be used where they contribute best to value creation.

Suggested Citation

  • Michael Friedrich Tröster, 2023. "Assessing the Value of Organic Fertilizers from the Perspective of EU Farmers," Agriculture, MDPI, vol. 13(5), pages 1-11, May.
    • Handle: RePEc:gam:jagris:v:13:y:2023:i:5:p:1057-:d:1147314
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2077-0472/13/5/1057/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2077-0472/13/5/1057/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Keplinger, Keith O. & Hauck, Larry M., 2006. "The Economics of Manure Utilization: Model and Application," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 31(2), pages 1-27, August.
    2. Tianjing Ren & Yu’e Li & Tiantian Miao & Waseem Hassan & Jiaqi Zhang & Yunfan Wan & Andong Cai, 2022. "Characteristics and Driving Factors of Nitrogen-Use Efficiency in Chinese Greenhouse Tomato Cultivation," Sustainability, MDPI, vol. 14(2), pages 1-14, January.
    3. Michael Friedrich Tröster & Markus Heinz & Leonhard Durst, 2023. "Determining the Value of Novel Feedstuffs in Imperfect Markets, Taking Lupinus albus as an Example," Agriculture, MDPI, vol. 13(4), pages 1-15, April.
    4. Lahmiri, Salim, 2017. "Asymmetric and persistent responses in price volatility of fertilizers through stable and unstable periods," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 466(C), pages 405-414.
    5. Bertrand Hirel & Thierry Tétu & Peter J. Lea & Frédéric Dubois, 2011. "Improving Nitrogen Use Efficiency in Crops for Sustainable Agriculture," Sustainability, MDPI, vol. 3(9), pages 1-34, September.
    6. Neculai Andrei, 2013. "Nonlinear Optimization Applications Using the GAMS Technology," Springer Optimization and Its Applications, Springer, edition 127, number 978-1-4614-6797-7, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lahmiri, Salim & Bekiros, Stelios, 2017. "Disturbances and complexity in volatility time series," Chaos, Solitons & Fractals, Elsevier, vol. 105(C), pages 38-42.
    2. Sheng Gong & Jason.S. Bergtold & Elizabeth Yeager, 2021. "Assessing the joint adoption and complementarity between in-field conservation practices of Kansas farmers," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 9(1), pages 1-24, December.
    3. Hasan Mirzakhaninafchi & Manjeet Singh & Anoop Kumar Dixit & Apoorv Prakash & Shikha Sharda & Jugminder Kaur & Ali Mirzakhani Nafchi, 2022. "Performance Assessment of a Sensor-Based Variable-Rate Real-Time Fertilizer Applicator for Rice Crop," Sustainability, MDPI, vol. 14(18), pages 1-25, September.
    4. Zheng, Xuyue & Wu, Guoce & Qiu, Yuwei & Zhan, Xiangyan & Shah, Nilay & Li, Ning & Zhao, Yingru, 2018. "A MINLP multi-objective optimization model for operational planning of a case study CCHP system in urban China," Applied Energy, Elsevier, vol. 210(C), pages 1126-1140.
    5. Derek Singh & Shuzhong Zhang, 2020. "Robust Arbitrage Conditions for Financial Markets," Papers 2004.09432, arXiv.org.
    6. Laroche Dupraz, C. & Postolle, A., 2013. "Food sovereignty and agricultural trade policy commitments: How much leeway do West African nations have?," Food Policy, Elsevier, vol. 38(C), pages 115-125.
    7. Niccolò Pampuro & Christian Preti & Eugenio Cavallo, 2018. "Recycling Pig Slurry Solid Fraction Compost as a Sound Absorber," Sustainability, MDPI, vol. 10(1), pages 1-13, January.
    8. Carl Gaigné & Julie Le Gallo & Solène Larue & Bertrand Schmitt, 2012. "Does Regulation of Manure Land Application Work Against Agglomeration Economies? Theory and Evidence from the French Hog Sector," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 94(1), pages 116-132.
    9. He, Fei & Lee, Dogil & Borisova, Tatiana & Graham, Wendy & Athearn, Kevin & Dukes, Michael & Merrick, Jason & Hochmuth, Robert, 2024. "Farm-scale economic and environmental tradeoffs of land use and land management decisions," Agricultural Water Management, Elsevier, vol. 301(C).
    10. Lahmiri, Salim & Uddin, Gazi Salah & Bekiros, Stelios, 2017. "Clustering of short and long-term co-movements in international financial and commodity markets in wavelet domain," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 486(C), pages 947-955.
    11. Marlena Gołaś & Piotr Sulewski & Adam Wąs & Anna Kłoczko-Gajewska & Kinga Pogodzińska, 2020. "On the Way to Sustainable Agriculture—Eco-Efficiency of Polish Commercial Farms," Agriculture, MDPI, vol. 10(10), pages 1-24, September.
    12. Samar Swify & Dovile Avizienyte & Romas Mazeika & Zita Braziene, 2022. "Influence of Modified Urea Compounds to Improve Nitrogen Use Efficiency under Corn Growth System," Sustainability, MDPI, vol. 14(21), pages 1-18, October.
    13. Wu, Yang & Wang, Lichun & Bian, Shaofeng & Liu, Zhiming & Wang, Yongjun & Lv, Yanjie & Cao, Yujun & Yao, Fanyun & Li, Chunxia & Wei, Wenwen, 2019. "Evolution of roots to improve water and nitrogen use efficiency in maize elite inbred lines released during different decades in China," Agricultural Water Management, Elsevier, vol. 216(C), pages 44-59.
    14. Baumöhl, Eduard & Kočenda, Evžen & Lyócsa, Štefan & Výrost, Tomáš, 2018. "Networks of volatility spillovers among stock markets," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 490(C), pages 1555-1574.
    15. Lahmiri, Salim, 2017. "Cointegration and causal linkages in fertilizer markets across different regimes," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 471(C), pages 181-189.
    16. James Shortle & Richard D. Horan, 2017. "Nutrient Pollution: A Wicked Challenge for Economic Instruments," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 3(02), pages 1-39, April.
    17. Bing Deng & Taoyu Chen & Zhenyu Pu & Xia Peng & Xiner Qin & Xiaomei Zhan & Jianghui Wen, 2022. "A Transportation Network Optimization Model for Livestock Manure under Different Terrains Considering Economic and Environmental Benefits," Sustainability, MDPI, vol. 14(13), pages 1-18, June.
    18. Benhamou, Latifa & Giard, Vincent & Khouloud, Mehdi & Fenies, Pierres & Fontane, Frédéric, 2020. "Reverse Blending: An economically efficient approach to the challenge of fertilizer mass customization," International Journal of Production Economics, Elsevier, vol. 226(C).
    19. Wang, Dan & Mo, Yan & Li, Guangyong & Wilkerson, Carol Jo & Hoogenboom, Gerrit, 2021. "Improving maize production and decreasing nitrogen residue in soil using mulched drip fertigation," Agricultural Water Management, Elsevier, vol. 251(C).
    20. Stanisław Bielski & Kęstutis Romaneckas & Anastasija Novikova & Egidijus Šarauskis, 2019. "Are Higher Input Levels to Triticale Growing Technologies Effective in Biofuel Production System?," Sustainability, MDPI, vol. 11(21), pages 1-15, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jagris:v:13:y:2023:i:5:p:1057-:d:1147314. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.