Diurnal Changes in Alfalfa Quality Effects on Expected Producer Returns

Nelson Sip, Ryan Feuz, Ryan Larsen and Ryan Bosworth

Western Economics Forum, 2023, vol. 21, issue 01

Abstract: Alfalfa hay prices vary according to premiums and discounts assigned by quality grade. Relative Feed Value (RFV) tests can be used to assess hay quality. Through a field trial in Southern Utah, we measure RFV quality differences from cuttings at various treatment times during the day and conduct a simulation analysis to evaluate expected changes to returns per acre between the cutting times. Outcomes indicate that alfalfa harvested at 12:00 pm compared to 8:00 am increases average RFV by 7.3 points. As a result, gross revenue increases by $16.95 per acre and an equivalent increase occurs in net returns for operations without cutting constraints.

Keywords: Crop Production/Industries; Demand and Price Analysis (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ags:weecfo:337174

DOI: 10.22004/ag.econ.337174

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