IDEAS home Printed from https://ideas.repec.org/p/ags/saea14/162456.html
   My bibliography  Save this paper

Economic Returns and Risk Analysis of Forage Wrapping Technologies

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/162456/files/Pruitt_%20Lacy_%20and%20Hancock%202014%20SAEA%20Baleage%20Paper.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.162456?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    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.
    2. Russell, Noel P. & Milligan, Robert A. & LaDue, Eddy L., 1983. "A stochastic simulation model for evaluating forage machinery performance," Agricultural Systems, Elsevier, vol. 10(1), pages 39-63, January.
    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.
    4. Gupta, M. L. & McMahon, T. A. & Macmillan, R. H. & Bennett, D. W., 1990. "Simulation of hay-making systems: Part 1-- development of the model," Agricultural Systems, Elsevier, vol. 34(4), pages 277-299.
    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.
    6. Griffin, Terry, 2009. "Acquiring and Applying Days Suitable for Fieldwork for your State," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2009, pages 1-8.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lacy, R. Curt & Pruitt, J. Ross & Hancock, Dennis W., 2015. "Economic Returns and Risk Analysis of Forage Wrapping Technologies," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2015, pages 1-15.
    2. Boyer, Christopher N. & Griffith, Andrew P. & Roberts, Roland K. & Savoy, Hubert J. & Leib, Brian G., 2014. "Managing Nitrate Levels in Bermudagrass Hay: Implications for Net Returns," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2014, pages 1-16.
    3. Badarch, Bayarbat & Watkins, K. Bradley, 2023. "Suitable Fieldwork Days Required to Plant Arkansas Rice Crop," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2023, January.
    4. Jean L. Steiner & David D. Briske & David P. Brown & Caitlin M. Rottler, 2018. "Vulnerability of Southern Plains agriculture to climate change," Climatic Change, Springer, vol. 146(1), pages 201-218, January.
    5. Buddhika Patalee & Glynn T. Tonsor, 2021. "Weather effects on U.S. cow‐calf production: A long‐term panel analysis," Agribusiness, John Wiley & Sons, Ltd., vol. 37(4), pages 838-857, October.
    6. Smith, Katy V. & DeLong, Karen L. & Griffith, Andrew P. & Boyer, Christopher N. & Martinez, Charley & Jensen, Kimberley L., 2023. "Cow-Calf Producer Preferences for Bull Genomic Enhanced Expected Progeny Differences," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 48(3), September.
    7. Jorge L. García-Alcaraz & Aidé A. Maldonado-Macías & Juan L. Hernández-Arellano & Julio Blanco-Fernández & Emilio Jiménez-Macías & Juan C. Sáenz-Díez Muro, 2016. "Agricultural Tractor Selection: A Hybrid and Multi-Attribute Approach," Sustainability, MDPI, vol. 8(2), pages 1-16, February.
    8. McGechan, M. B. & Cooper, G., 1995. "A simulation model operating with daily weather data to explore silage and haymaking opportunities in climatically different areas of Scotland," Agricultural Systems, Elsevier, vol. 48(3), pages 315-343.
    9. Boyer, Christopher M. & McFarlane, Zach McFarlane & Mulliniks, Travis & Griffith, Andrew P., 2018. "Simulating Calving Season Length Impact on Beef Cattle Profitability," 2018 Annual Meeting, August 5-7, Washington, D.C. 274107, Agricultural and Applied Economics Association.
    10. Kutz, Alicia M. & Clark, Christopher D. & Boyer, Christopher N. & Lambert, Dayton M., 2014. "Willingness to Adopt Best Management Practice Bundles by Beef Cattle Operations in an East Tennessee Watershed," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162475, Southern Agricultural Economics Association.
    11. Diersen, Matthew A. & Fausti, Scott W., 2019. "Feedlot Size, Backgrounding Behavior, and Management Practices," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2019.
    12. 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, Southern Agricultural Economics Association, vol. 44(2), pages 1-20, May.
    13. Gillespie, Jeffrey & Qushim, Berdikul & Nyaupane, Narayan & McMillin, Kenneth, 2015. "Breeding Technologies in U.S. Meat Goat Production: Who are the Adopters and How Does Adoption Impact Productivity?," Agricultural and Resource Economics Review, Cambridge University Press, vol. 44(3), pages 315-339, December.
    14. Adkins, Tracey S. & Riley, John Michael & Little, Randall D. & Coatney, Kalyn T., 2012. "Cow-Calf Operations in the Southeastern United States: An Analysis of Farm Characteristics and Production Risks," 2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama 119757, Southern Agricultural Economics Association.
    15. Patalee, M.A. Buddhika & Tonsor, Glynn T., 2021. "Impact of weather on cow-calf industry locations and production in the United States," Agricultural Systems, Elsevier, vol. 193(C).
    16. Gramig, Benjamin M. & Yun, Seong Do, 2016. "Days Suitable for Fieldwork in the US Corn Belt:Climate, Soils and Spatial Heterogeneity," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235726, Agricultural and Applied Economics Association.
    17. Griffin, Terry & Ibendahl, Gregory & Mark, Tyler & Sharda, Ajay & Ciampitti, Ignacio & Herbel, Kevin, 2015. "Pr - Harvest Equipment Capacity Selection Considering Weather Uncertainty In Kansas," 20th Congress, Quebec, Canada, 2015 345754, International Farm Management Association.
    18. Boyer, Christopher & Keyser, Patrick, 2020. "Summary of the Economic and Production Performance of Native Grasses as Forage in the Fescue Belt," Research Reports 305656, University of Tennessee, Department of Agricultural and Resource Economics.
    19. Gillespie, Jeffrey & Nehring, Richard, 2013. "Comparing economic performance of organic and conventional U.S. beef farms using matching samples," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 57(2), pages 1-15.
    20. Narayanan Kannan & Ali Saleh & Edward Osei, 2016. "Estimation of Energy Consumption and Greenhouse Gas Emissions of Transportation in Beef Cattle Production," Energies, MDPI, vol. 9(11), pages 1-22, November.

    More about this item

    Keywords

    Farm Management;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:saea14:162456. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/saeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.