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RISK REDUCTIONTHROUGH OPTIMAL GRAZING SCENARIOS FOR LIVESTOCK/FORAGE SYSTEMS IN TEXAS PANHANDLE

Ph.D. David G. Lust, Ph.D Lal K. Almas

The journal of Economic Sciences: Theory and PracticeCilt 2012/2-legacy-922, Sayı 69

Mathematical models are developed to determine optimum grazing scenarios for dryland producers. Model alternatives include wheat, sorghum-sudan, summer perennial grass, and native range. Precipitation risk and price risk are estimated for seasonal production alternatives, and options that reduce both price …

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