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Alternative Annual Forage Crop Options for Northern Great Plains Cattle Producers: A South Dakota Case Study

Author

Listed:
  • Parvez, Md Rezwanul
  • Fausti, Scott W.
  • Nleya, Thandiwe
  • Johnson, Patricia S.
  • Olson, Kenneth C.
  • Rickertsen, John

Abstract

In the Northern Great Plains, crop and livestock producers view forage crop production as an important component of their farm management system. During periods of increased environmental risk, alternative annual forage crops may provide producers with a risk reducing alternative to traditional forage crops. An alternative forage crop production study (20 varieties) was conducted by SDSU. Production yield data was analyzed using alternative decision making criteria when outcomes are uncertain. Empirical results provide insight on forage crop planting decisions with respect to the importance of optimal harvest timing, and the ranking of alternative forage crops as a cash crop or as a grazing resource for livestock. The management decision criteria used to evaluate the economic value of the forage crops included are: a) Expected Value, b) Max-Min, and c) Minimum Variance. Triticale and Barley rank the highest with respect to Expected Value criteria, but Oats and Barley dominate based on risk avoidance criteria (Max-Min and Minimum Variance criteria). Rankings for summer forage crops indicate that sorghum varieties ranked highest for economic value. However, the millet varieties rank higher with respect to the risk avoidance criteria.

Suggested Citation

  • Parvez, Md Rezwanul & Fausti, Scott W. & Nleya, Thandiwe & Johnson, Patricia S. & Olson, Kenneth C. & Rickertsen, John, 2012. "Alternative Annual Forage Crop Options for Northern Great Plains Cattle Producers: A South Dakota Case Study," Economics Staff Papers 132501, South Dakota State University, Department of Economics.
    • Handle: RePEc:ags:sdsusp:132501
    DOI: 10.22004/ag.econ.132501
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    References listed on IDEAS

    as
    1. Janssen, Larry & Pflueger, Burton, 2008. "South Dakota Agricultural Land Market Trends 1991–2008," Research Reports 200802, South Dakota State University, Department of Economics.
    2. Larry Janssen & Burton Pflueger & Emmanuel Opoku, 2011. "Agricultural Land Market Trends 1991–2010: The 2010 SDSU South Dakota Farm Real Estate Survey," Research Reports 201101, South Dakota State University, Department of Economics.
    3. Janssen, Larry & Pflueger, Burton, 2011. "South Dakota Agricultural Land Market Trends 1991-2011: The 2011 SDSU South Dakota Farm Real Estate Survey," Circulars 109324, South Dakota State University, Agricultural Experiment Station.
    4. Janssen, Larry & Pflueger, Burton, 2008. "South Dakota Agricultural Land Market Trends 1991-2008: The 2008 SDSU South Dakota Farm Real Estate Survey," Circulars 56761, South Dakota State University, Agricultural Experiment Station.
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    1. Parvez, Md Rezwanul & Fausti, Scott W. & Nleya, Thandiwe & Johnson, Patricia S. & Olson, Kenneth C. & Rickertsen, John, 2012. "Alternative Annual Forage Crop Options for Northern Great Plains Cattle Producers: A South Dakota Case Study," Economics Staff Papers 132501, South Dakota State University, Department of Economics.
    2. Janssen, Larry & Hamda, Yonas, 2009. "Economic Analysis of SODSAVER Provision of the 2008 Farm Bill for South Dakota," Economics Staff Papers 56776, South Dakota State University, Department of Economics.

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