An Economic Analysis of High Intensity, Short Duration Grazing Systems in South Dakota and Nebraska

Larry Janssen, Bronc McMurtry, Matthew Stockton (), Alexander Smart and Sharon Clay

No 204252, 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California from Agricultural and Applied Economics Association

Abstract: Four different grazing systems: two rotational systems, a continuous grazing system, and a modified high intensity, short duration (mob)system were evaluated from an economic return and risk perspective. Stocking rates and average daily gains (ADG) were obtained from 2011 - 2014 from university ranch experiments in northern Nebraska. Simulation models were used to examine net returns and risk in each system and rank systems according to risk preferences. a twice through rotational grazing system was most profitable. Mob grazing was the least preferred, although when risk aversion increased, it rose in preference. Mob grazing could be profitable if adjustments increased animal performance.

Keywords: Farm Management; Livestock Production/Industries; Production Economics; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 24
Date: 2015-05-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea15:204252

DOI: 10.22004/ag.econ.204252

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