Work

Market‐level assessment of the economic benefits of atrazine in the United States

Year: 2013
Type: article
Abstract: BACKGROUND: Atrazine and other triazine herbicides are widely used in US maize and sorghum production, yet the most recent market-level assessment of the economic benefits of atrazine is for market conditions prevalent in the early 1990s, before commercialization of transgenic crops. Grain markets have changed substantially since that time; for example, the size of the US maize market increased by 170% from 1990-1992 to 2007-2009. This paper reports a current assessment of the economic benefits of atrazine. RESULTS: Yield increases and cost changes implied by triazine herbicides are projected to reduce maize prices by 7-8% and sorghum prices by 19-20%. Projected consumer benefits from lower prices range from $US 3.6 to 4.4 × 10(9) annually, with the net projected economic benefit for triazine herbicides to the US economy ranging from $US 2.9 to 3.4 × 10(9) annually because lower prices imply reduced producer income. Productivity gains from triazine herbicides maintain an estimated 270 000-390 000 ha of land in non-crop uses that generate environmental benefits not accounted for in this analysis. CONCLUSION: Even in the current era, with transgenic varieties dominating crop production, atrazine and the other triazine herbicides continue to be a key part of maize and sorghum production and generate substantial economic benefits.
Language: English
Subfield: Plant Science
Open Access status: hybrid
Estimated APC paid: $5,360
OpenAlex ID: W1589179530
FWCI: 2.248
Cites: 52
Cited by: 25
Related to: 10