ECONOMIC ANALYSIS OF REPLACING WILD-TYPE ENDOPHYTE INFECTED TALL FESCUE WITH NOVEL ENDOPHYTE-INFECTED FESCUE

Curt Lacy, John Anderson and John Andrae

No 35123, 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama from Southern Agricultural Economics Association

Abstract: Empirical animal performance data is used in evaluating the decision to convert toxic endophyte fescue to novel endophyte fescue. Results indicate that producers at three risk aversion levels prefer replacing their existing toxic fescue stands when the expected stand life for novel endophyte fescue is more than five years.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Pages: 18
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeatm:35123

DOI: 10.22004/ag.econ.35123

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