Agricultural Economics Department

 

Date of this Version

February 2007

Comments

Paper presented at the SAEA Meetings, Mobile, Alabama, February 4-7, 2007.

Abstract

Five representative, firm-level, stochastic simulation models were constructed using historical production cost, cattle prices, weather information and scientifically collected production data from the Gudmundsen Sandhills Laboratory operated by the University of Nebraska. The five hundred iterative results indicate the inclusion of crop residual grazing is a viable drought mitigation tool.

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