The economic feasibility of soybeans, grain sorghum, and corn in annualrotation with winter wheat using reduced tillage and no-tillage systems inthe Central Great Plains was evaluated, with continuous wheat and grainsorghum also analyzed. Net returns were calculated using simulated yield andprice distributions based on historical yields, two historical annual priceseries, and 2011 costs. Stochastic Efficiency with Respect to a Function wasused to determine the preferred strategies under various risk preferences.The no-till wheat-soybean and reduced-till wheat-soybean systems are thefirst and second most preferred, regardless of the level of riskaversion.