FEED PROCUREMENT METHODS FOR SOUTHEASTERN MINNESOTA DAIRY FARMS: A COMPARISON USING LP ANALYSIS

Ronda Bauman and Jerome W. Hammond

No 13705, Staff Papers from University of Minnesota, Department of Applied Economics

Abstract: The principal objective of this study is to determine the financial impacts of changing feed procurement strategies for a specified southeastern Minnesota dairy farm. Growing all feed for the dairy herd on the farm itself, currently the most prominent mode of procurement, is compared to: (1) producing all forage and purchasing all concentrate feeds from others, and (2) purchasing all feeds from others. The effect of herd size on the comparisons is considered to determine if size has a bearing on the chosen method of feed procurement.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Pages: 30
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:ags:umaesp:13705

DOI: 10.22004/ag.econ.13705

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