ECONOMICS OF IRRIGATED COTTON-GRAIN SORGHUM ROTATIONS IN THE SOUTHERN HIGH PLAINS OF TEXAS
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Cotton-grain sorghum rotations in the Southern High Plains of Texas were evaluated using stochastic dominance analysis techniques. The Standardized Performance Analysis program was used to evaluate the profitability of cotton and grain sorghum production using farm level data. Analysis of cotton yields in a cotton-grain sorghum rotation indicated an increase of 190.6 and 159.6 kg ha-1 following grain sorghum one and two years, respectively. The rotational effects on cotton yields from grain sorghum had a significant impact on increased cotton profits. All rotational strategies evaluated were preferred to continuous cotton for all levels of risk aversion evaluated in the study.