Economic Returns and Risk Analysis of Forage Wrapping Technologies

R. Curt Lacy, J. Ross Pruitt and Dennis W. Hancock

Journal of the ASFMRA, 2015, vol. 2015, 15

Abstract: Using stochastic simulation, we evaluated the cost savings a cow-calf operation may experience by adopting high-moisture baleage with an in-line wrapper. The results of this analysis indicate the baleage technology is economically viable for high-quality forages such as winter annuals, alfalfa or legumes, especially at higher feed prices. Break-even herd size is between 50 and 150 cows, depending on a producer’s current machinery complement. There is no apparent economic advantage to purchasing baleage equipment strictly based on reducing storage or feeding losses for beef cattle producers.

Keywords: Agribusiness; Livestock Production/Industries; Risk and Uncertainty (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jasfmr:233867

DOI: 10.22004/ag.econ.233867

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