Cover cropping has been promoted for improving soil health and environmental quality in the southern High Plains (SHP) region of the United States. The SHP is one of the more productive areas of the country and covers a large landmass, including parts of Oklahoma, New Mexico, and Texas. This region faces challenges in sustainable crop production due to declining water levels in the Ogallala Aquifer, the primary source of water for irrigated crop production. This study examines the impact of integrating cover crops in the winter wheat (Triticum aestivum L)-based rotations on farm profitability and risk in the SHP. The study combines experimental yield data with other secondary information, including market prices, to conduct simulation analysis and evaluate the risk involved in introducing cover crops in a wheat-fallow cropping system. The results show that, due to the additional monetary costs involved, none of the cover crop options is economically viable. However, when secondary benefits (erosion control and green nitrogen) or government subsidies are included in the analysis, one of the cover crop options (peas) dominates the fallow alternative. Moreover, when the secondary benefits and a government subsidy are combined, two cover crop alternatives (peas and oats) emerge as more profitable options than leaving land fallow. These results highlight the importance of agricultural research and extension programs that are making a concerted effort to develop more productive farming techniques and increase public awareness about the long-term benefits of adopting soil health management systems such as cover cropping in the SHP region.nearly 50 percent [8][9][10][11]. If this trend continues, an additional 40 percent of the irrigated land in some areas of the southern High Plains (SHP) will likely be converted to dryland farming soon. The SHP region covers a vast area (126,470 km 2 ), including parts of New Mexico, Texas, and Oklahoma, and is one of the most significant dryland cropping areas of the country [12]. Intensive farming and poor soil health management practices in this semiarid environment have depleted 30-60 percent of soil organic carbon (SOC), reduced biodiversity by up to 60 percent, degraded most soil quality attributes, and reduced crop productivity [13][14][15]. Additionally, recent rainfall trends show that more than 60 percent of the precipitation occurs during the fallow period of typical crop-fallow rotation systems, and precipitation storage efficiency during the fallow period is relatively low. Climate change-induced fluctuations in rainfall are expected to make the region much drier and substantially increase crop yield variability [16].Cropping systems under dryland or very limited-irrigated condition often use cereal only rotations, a long fallow-period between crops, repeated tillage for weed control, and dust-mulch effects that may potentially result in higher soil moisture retention. For instance, in the dryland wheat-fallow system, the land is left bare for nine to thirteen months to co...