Risk-Efficiency of Beef-Forage Rotational Grazing Under Weather Uncertainty

Lucas D. Parsch and Otto J. Loewer

No 278411, 1986 Annual Meeting, July 27-30, Reno, Nevada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: A biophysical model is used to simulate the performance of ten continuous and rotational beef-forage grazing systems over a multiple-year period using historical weather-data. The impact of weather variability on expected animal weight gain and net returns are assessed. Risk-efficient rotational grazing strategies are identified for six risk intervals using generalized stochastic dominance.

Keywords: Livestock Production/Industries; Research Methods/Statistical Methods; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 16
Date: 1986-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea86:278411

DOI: 10.22004/ag.econ.278411

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