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Animal Stocking under Conditions of Declining Forage Nutrients

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  • Ray G. Huffaker
  • James E. Wilen

Abstract

This paper examines the bioeconomic conditions under which the recently popular intensive-early-stocking (IES) strategy outperforms the conventional season-long-stocking (SLS) strategy as a response to the deterioration of forage nutrients over the latter stages of the grazing season. The economic performances of the IES and SLS strategies are compared to a dynamically optimal grazing policy that continually fine tunes stocking rates to account for declining forage nutrients. The comparisons yield a range of qualitative properties under which the IES strategy tends to approximate better the optimal strategy, some of which are investigated in a numerical illustration.

Suggested Citation

  • Ray G. Huffaker & James E. Wilen, 1991. "Animal Stocking under Conditions of Declining Forage Nutrients," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(4), pages 1213-1223.
    • Handle: RePEc:oup:ajagec:v:73:y:1991:i:4:p:1213-1223.
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    File URL: http://hdl.handle.net/10.2307/1242449
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    Cited by:

    1. H. Spencer Banzhaf & Yaqin Liu & Martin Smith & Frank Asche, 2019. "Non-Parametric Tests of the Tragedy of the Commons," NBER Working Papers 26398, National Bureau of Economic Research, Inc.
    2. Wang, Tong & Richard Teague, W. & Park, Seong C. & Bevers, Stan, 2018. "Evaluating long-term economic and ecological consequences of continuous and multi-paddock grazing - a modeling approach," Agricultural Systems, Elsevier, vol. 165(C), pages 197-207.
    3. Ben White, 2000. "A Review of the Economics of Biological Natural Resources," Journal of Agricultural Economics, Wiley Blackwell, vol. 51(3), pages 419-462, September.

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