Competitive Relationship of Three Warm-Season Turfgrass Species

Adrian, John L.,, Patricia A. Duffy and Michael Lloyd

Journal of Agribusiness, 1995, vol. 13, issue 01, 15

Abstract: The competitive position of three warm-season turf species commonly grown in the South (bermudagrass, centipedegrass, and zoysiagrass) is evaluated for a farm with 100 acres available to allocate to turfgrass-sod production. A multiperiod linear programming model is used to determine optimal mixes of grasses and resulting net returns for a seven-year planning horizon. Within current observable price ranges, variation in the prices of the different grasses has little impact on the profit-maximizing combination of grasses. Bermudagrass, with the shorter production cycle and positive influence on cash flow, dominates the higher-valued, longer-production-cycle alternative grasses. Availability of initial money capital from internal sources does not alter the feasibility of bermudagrass.

Keywords: Agribusiness; Production Economics (search for similar items in EconPapers)
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jloagb:90363

DOI: 10.22004/ag.econ.90363

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