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Precision Feeding in Dairy Ration Cost Minimization Under Producer's Risk Management

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Author Info
Salim, Juma
Dillon, Carl
Abstract

The biophysical simulation data from Cornell Net Carbohydrate and Protein System were used in non-linear programming model for least cost ration incorporating ingredient nutrient and price variations. Precision feeding practice indicated to have lower mean cost ration than whole herd feeding in terms of ration cost.

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File URL: http://purl.umn.edu/34925
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Publisher Info
Paper provided by Southern Agricultural Economics Association in its series 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama with number 34925.

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Date of creation: 2007
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Handle: RePEc:ags:saeasm:34925

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Related research
Keywords: Non-linear programming; nutrient variation; price variation; precision feeding; environmental pollution; phosphorus; nitrogen; mean cost ration; whole herd feeding; Livestock Production/Industries; Risk and Uncertainty;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Dillon, Carl R., 1992. "Microeconomic Effects Of Reduced Yield Variability Cultivars Of Soybeans And Wheat," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 24(01), July. [Downloadable!]
  2. McCarl, Bruce A. & Bessler, David A., 1989. "Estimating An Upper Bound On The Pratt Risk A Version Coefficient When The Utility Function Is Unknown," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 33(01), April. [Downloadable!]
  3. Anderson, Jock R. & Feder, Gershon, 2007. "Agricultural Extension," Handbook of Agricultural Economics, Elsevier. [Downloadable!] (restricted)
  4. Meyer, Jack, 1987. "Two-moment Decision Models and Expected Utility Maximization," American Economic Review, American Economic Association, vol. 77(3), pages 421-30, June. [Downloadable!] (restricted)
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This page was last updated on 2009-12-11.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.