Corn and soybean farmers can advise Michigan State University agricultural economists about incentives for soil conservation.
Scott Swinton, professor of agricultural, food and resource economics, and doctoral student Leah Harris are planning auctions that would pay farmers for adopting soil conservation practices. They seek advice from row crop producers willing to join in test auctions.
Producers will have a chance to shape the research and receive $20 for their help. Interested corn and soybean farmers should visit Ag Expo on Thursday, July 18, from 10 to 11 a.m. in the Wheelchair Demonstration Tent at the corner of Second Street and Avenue D. Seating is limited to the first eight to arrive.
During the meeting, producers will participate in a hypothetical conservation auction similar to the bidding process the Conservation Reserve Program (CRP) uses. They will place bids for the amount of money they would need to adopt certain soil conservation practices. Participants can win money in the auction games, but there is no financial risk and no commitment after the meeting is over. Results from the practice auction will be used to suggest future conservation incentives, including a pilot scale conservation auction planned for 2014.
For more information, contact Harris at 804-357-8510 or at firstname.lastname@example.org, or Swinton at 517-353-7218 or at email@example.com.