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Risk-Return Analysis Of Incorporating Annual Legumes And Lamb Grazing With Dryland Crop Rotations

Author

Listed:
  • Held, Larry J.
  • Haag, Andrew A.
  • Krall, James M.
  • Delaney, Ronald H.
  • Miller, Stephen D.

Abstract

Profitability and risk, 1988-2001, are examined for lamb-grazed field pea as a fallow alternative with wheat, or an extended wheat-sunflower-millet rotation. Switching from conventional wheat-fallow to an extended rotation with grazed-peas increases profitability (2.3% to 7.3%), and reduces risk (below 0% target in only 2 versus 7 of 14 years).

Suggested Citation

  • Held, Larry J. & Haag, Andrew A. & Krall, James M. & Delaney, Ronald H. & Miller, Stephen D., 2002. "Risk-Return Analysis Of Incorporating Annual Legumes And Lamb Grazing With Dryland Crop Rotations," 2002 Annual Meeting, July 28-31, 2002, Long Beach, California 36532, Western Agricultural Economics Association.
    • Handle: RePEc:ags:waealb:36532
    DOI: 10.22004/ag.econ.36532
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    Keywords

    Crop Production/Industries;

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