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Farm-level Economic Evaluation of Net Feed Efficiency in Australia’s Southern Beef Cattle Production System: A Multi-period Linear Programming Approach

Author

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  • Alford, Andrew R.
  • Griffith, Garry R.
  • Cacho, Oscar J.

Abstract

Selection of beef cattle for increased net feed efficiency is a current major focus for research. At present the trait seems to be more apparent in Australia’s southern beef production system which is dominated by mixed farming enterprises. Farm-level evaluation of net feed efficiency should take account of the farming system for which it is proposed along with the dynamic nature of genetic selection. Gross margin, linear programming and multi-period linear programming approaches to evaluation of the trait at the farm-level using a representative farm are compared. Implications of the trait for researchers and beef producers are identified

Suggested Citation

  • Alford, Andrew R. & Griffith, Garry R. & Cacho, Oscar J., 2003. "Farm-level Economic Evaluation of Net Feed Efficiency in Australia’s Southern Beef Cattle Production System: A Multi-period Linear Programming Approach," 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia 57826, Australian Agricultural and Resource Economics Society.
  • Handle: RePEc:ags:aare03:57826
    DOI: 10.22004/ag.econ.57826
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    References listed on IDEAS

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    1. Griffith, G. R. & Vere, D. T. & Bootle, B. W., 1995. "An integrated approach to assessing the farm and market level impacts of new technology adoption in Australian lamb production and marketing systems: The case of large, lean lamb," Agricultural Systems, Elsevier, vol. 47(2), pages 175-198.
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    3. Farquharson, Robert J., 1991. "A Farm Level Evaluation of a New Twinning Technology in Beef Cattle," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 59(01), pages 1-21, April.
    4. Alford, Andrew R. & Griffith, Garry R. & Cacho, Oscar J., 2003. "A Northern Tablelands Whole-Farm Linear Program for Economic Evaluation of New Technologies at the Farm-Level," Research Reports 28010, New South Wales Department of Primary Industries Research Economists.
    5. Pannell, David J. & Malcolm, Bill & Kingwell, Ross S., 2000. "Are we risking too much? Perspectives on risk in farm modelling," Agricultural Economics, Blackwell, vol. 23(1), pages 69-78, June.
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