Abstract:"WW B. Dahl", a perennial old world bluestem (OWB) grass, has been promoted as a forage suitable for dryland grazing. Dryland grazing of OWB is however inherently risky economically and ecologically, and may not be sustainable while remaining profitable. In this paper, we develop a biological and economic single-season model of dryland grazing given production and price uncertainty, and identify a stocking rate that maximizes expected net revenue, subject to a sustainability constraint. We then simulate the di… Show more
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