Economic Impact of Harvesting Corn Stover under Time Constraint: The Case of North Dakota

Table 10

(a) Deterministic results for simultaneous corn grain and cob production. (b) Correspondent shadow price.

(a)  

	50% capacity reduction	25% capacity reduction	No capacity reduction
Net profit ($)	263,995.10	376,588.80	402,188.80
Corn grain sold (tons)	6,555.48	8,080.00	8,080.00
Corn cob sold (tons)	567.93	700.00	700.00
Corn grain/cob harvested acres
Period 1	436.07	656.33	699.13
Period 2	350.64	527.76	562.17
Period 3	418.98	630.61	671.74
Period 4	416.95	185.31	66.96
Total corn grain/cob harvested acres	1,622.64	2,000.00	2,000.00
Harvest field time (hours)
Period 1	128.64	128.64	128.64
Period 2	103.44	103.44	103.44
Period 3	123.60	123.60	123.60
Period 4	123.00	123.00	123.00

(b)  

	Shadow price ($)
	50% capacity reduction	25% capacity reduction	No capacity reduction
Total corn grain/cob harvested acres	0.00	188.29	201.09
Harvest field time (hours)
Period 1	551.51	0.00	0.00
Period 2	551.51	0.00	0.00
Period 3	551.51	0.00	0.00
Period 4	551.51	0.00	0.00