When you say "cost-effective" my mind goes to the least amount of input to grow the corn. I would look more at a 5-7 pasture rotation and then attempt to capture all the nitrogen to grow the corn crop with very minimal to no nitrogen. This is the way Argentina used to operate I read. Utilizing alfalfa or good clover content in pasture should collect the most nitrogen possible. So I would mold-board. I have heard you should let this plowing sit for around 30 days for the soil to digest all nutrients just turned over. That is just what I heard. I tried to grow turnips this way and got a mediocre stand, but the pasture I turned over was still low organic matter. Open pollinated corn has less nitrogen needs but of course less yields.
A dairy neighbor just chisel plows his hay fields and then hits them twice with the field cultivator. Then plants.