Minimum Cost Feeding of Dairy Cows in Northern Victoria
A new era of water scarcity has changed past patterns of feeding dairy cows in northern Victoria. This paper derives a model for estimating least-cost feeding of dairy cows under a range of assumptions regarding prices for irrigation water, hay and feed grain. The cost-minimisation is subject to a variety of nutritional constraints, including seasonal provision of energy, fibre and protein. It is found that the optimal feeding regime varies considerable with input prices, from an irrigated pasture-based system to a diet based much more on bought-in hay and feed grain. This change broadly mimics that which has taken place in the region over the current extended period of drought. Output from the linear programming model is used to estimate the CES substitution parameter between water and the other inputs. This parameter is estimated at 0.7, significantly higher than the 0.2 originally used.
|Date of creation:||Jan 2010|
|Date of revision:|
|Contact details of provider:|| Postal: PO Box 14428, Melbourne, Victoria, 8001|
Phone: 03 9919 1877
Web page: http://www.copsmodels.com/about.htm
More information through EDIRC
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.:
- Ho, Christie K.M. & Nesseler, R. & Doyle, Peter T. & Malcolm, Bill, 2005. "Future dairy farming systems in irrigation regions," AFBM Journal, Australasian Farm Business Management Network, vol. 2(1).
- Ho, Christie K.M. & Malcolm, Bill & Armstrong, Dan P. & Doyle, Peter T., 2006. "A case study of changes in economic performance of an irrigated dairy farm in northern Victoria," AFBM Journal, Australasian Farm Business Management Network, vol. 3(1).
- Ho, Christie K.M. & Armstrong, Dan P. & Doyle, Peter T. & Malcolm, Bill, 2005. "Impacts of changing water price and availability on irrigated dairy farms in northern Victoria," AFBM Journal, Australasian Farm Business Management Network, vol. 2(2).
When requesting a correction, please mention this item's handle: RePEc:cop:wpaper:g-195. See general 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: (Mark Horridge)
If references are entirely missing, you can add them using this form.