- Deloitte & Touche Management
Consultants, Guelph, Ont.
View / Download Final Report [134 KB pdf]
Completed: May, 1994
This report contains the technical
background data and analysis pertaining to the field level economic
analysis of the Soil and Water Environmental
Enhancement Program (SWEEP).
The analysis was conducted in two steps.
The first step involved deriving a "representative" set of operations
and inputs for each crop rotation and tillage method in each of the
three pilot watersheds. The second step consisted of developing a
partial budget to compare costs, net returns, and the opportunity cost
of labour for each set of operations.
Results from this study indicate that
soil conserving technologies are competitive, and in fact often generate
higher net financial returns. The economic advantages of conservation
tillage practices, especially no-till, are magnified when considering
the opportunity cost of labour. While net returns between conservation
and conventional tillage practices are comparable, labour requirements
are much lower for conservation practices resulting in significantly
higher returns per labour hour. Furthermore, based on yield estimates
from several sources, the financial risk associated with soil
conservation practices is similar to conventional tillage practices when
comparing net returns per hectare, but are statistically lower when
considering net returns per hour.
Thursday, May 19, 2011 05:52:47 PM