Animal Stocking under Conditions of Declining Forage Nutrients

Ray G. Huffaker and James Wilen

American Journal of Agricultural Economics, 1991, vol. 73, issue 4, 1213-1223

Abstract: This paper examines the bioeconomic conditions under which the recently popular intensive-early-stocking (IES) strategy outperforms the conventional season-long-stocking (SLS) strategy as a response to the deterioration of forage nutrients over the latter stages of the grazing season. The economic performances of the IES and SLS strategies are compared to a dynamically optimal grazing policy that continually fine tunes stocking rates to account for declining forage nutrients. The comparisons yield a range of qualitative properties under which the IES strategy tends to approximate better the optimal strategy, some of which are investigated in a numerical illustration.

Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:73:y:1991:i:4:p:1213-1223.

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