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Economic Returns and Risk Analysis of Forage Wrapping Technologies

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  • Pruitt, J. Ross
  • Lacy, R. Curt
  • Hancock, Dennis W

Abstract

Use of bale wrapping technology allows beef cow-calf producers to lower their forage costs while improving the nutritional content of stored forages. Using stochastic simulation, we evaluate the cost savings a cow-calf operation may experience by adopting this technology. This technology can lower per head feed costs for larger herds.

Suggested Citation

  • Pruitt, J. Ross & Lacy, R. Curt & Hancock, Dennis W, 2014. "Economic Returns and Risk Analysis of Forage Wrapping Technologies," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162456, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea14:162456
    DOI: 10.22004/ag.econ.162456
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    References listed on IDEAS

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    1. Pruitt, J. Ross & Gillespie, Jeffrey M. & Nehring, Richard F. & Qushim, Berdikul, 2012. "Adoption of Technology, Management Practices, and Production Systems by U.S. Beef Cow-Calf Producers," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 44(2), pages 203-222, May.
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    3. McBride, William D. & Mathews, Kenneth H., Jr., 2011. "The Diverse Structure and Organization of U.S. Beef Cow-Calf Farms," Economic Information Bulletin 102764, United States Department of Agriculture, Economic Research Service.
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    5. Savoie, P. & Parsch, L. D. & Rotz, C. A. & Brook, R. C. & Black, J. R., 1985. "Simulation of forage harvest and conservation on dairy farms," Agricultural Systems, Elsevier, vol. 17(2), pages 117-131.
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