Article citationsMore>>
V. G. Allen, P. Brown, R. Kellison, E. Segarra, T. Wheeler, P. A. Dotray, J. C. Conkwright, C. J. Green and V. Acosta-Martinez, “Integrating Cotton and Beef Production to Reduce Water Withdrawal from the Ogallala Aquifer in the Southern High Plains Regions,” Agronomy Journal, Vol. 97, No. 2, 2005, pp. 556-567.
doi:10.2134/agronj2005.0556
has been cited by the following article:
-
TITLE:
A Bioeconomic Model for Sustainable Grazing of Old World Bluestem under Uncertainty
AUTHORS:
Aaron Benson, Cody Zilverberg
KEYWORDS:
Dryland Grazing; Sustainable Grazing; Profit Distribution
JOURNAL NAME:
Natural Resources,
Vol.4 No.4,
August
8,
2013
ABSTRACT: "WW B. Dahl", a perennial old world bluestem (OWB) grass, has been promoted as a forage suitable for dryland grazing. Dryland grazing of OWB is however inherently risky economically and ecologically, and may not be sustainable while remaining profitable. In this paper we develop a biological and economic single-season model of dryland grazing given production and price uncertainty, and identify a stocking rate that maximizes expected net revenue, subject to a sustainability constraint. We then simulate the distribution of net revenues, and find that probability of loss is greater than 35%, and median profit is roughly $30/ha.