What LFA beef and sheep farmers should do and why they should do it
AbstractThis paper describes how representative farm business models were employed to identify optimal beef and sheep production systems for Less Favoured Area (LFA) farms in Northern Ireland. The bio-economic models identify the optimal farming system for theses farms under various market and policy assumptions. They are useful, therefore, in helping to develop industry strategy. The models indicate that, under current market and policy conditions, a dairy-based beef system is likely to be the most profitable beef enterprise. However, depending on land quality and livestock housing resources, and the market and policy environment, suckler-based beef systems can also feature in the profit maximising enterprise mix. The results also suggest that the optimal sheep system is consistent with the stratified sheep systems traditionally operated in Northern Ireland. In general, beef production appears to have some advantages over sheep production where, depending on relative prices and resource availabilities, it is often better to replace sheep with cattle and employ the released labour off-farm, than to replace cattle with sheep and invest the released capital off-farm. In some situations, farmers should significantly reduce their capital and labour inputs to the farm business by substantially reducing stocking rates or even abandoning land completely
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Agricultural Economics Society in its series 83rd Annual Conference, March 30-April 1, 2009, Dublin, Ireland with number 50930.
Date of creation: 01 Apr 2009
Date of revision:
Agricultural and Food Policy;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-08-16 (All new papers)
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).
If references are entirely missing, you can add them using this form.