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Economic potential for improving the nutritional characteristics of feed grains

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  • Brennan, John P.
  • Singh, Rajinder Pal
  • Singh, Inder Pal

Abstract

A comprehensive set of potential new feed grains for Australia was evaluated to help establish the options with the highest priorities for research. The cost-reducing impacts of the different options were analysed using a linear-programming model that determined the least-cost feed rations for the different livestock industries. Economic welfare analysis was then used to estimate the size and distribution of the benefits of research from the feed grains quality-improving research. The analysis revealed that there are only limited opportunities to improve the productivity and competitiveness of Australia’s livestock industries by improving the nutritional characteristics of feed grains.

Suggested Citation

  • Brennan, John P. & Singh, Rajinder Pal & Singh, Inder Pal, 2002. "Economic potential for improving the nutritional characteristics of feed grains," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 46(4), pages 1-20.
    • Handle: RePEc:ags:aareaj:118595
    DOI: 10.22004/ag.econ.118595
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    References listed on IDEAS

    as
    1. Julian M. Alston & Philip G. Pardey, 1996. "Making Science Pay: The Economics of Agricultural R&D Policy," Books, American Enterprise Institute, number 53242, September.
    2. Brennan, John P. & Singh, Rajinder Pal, 2000. "Economic Assessment of Improving Nutritional Characteristics of Feed Grains," Research Reports 28000, New South Wales Department of Primary Industries Research Economists.
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