Rangeland Ecology & Management

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Stocking Rate Decisions Are Not Related to What You Paid for Your Land or Pickup
Author
Frasier, W. Marshall
Steffens, Tim
Publisher
Society for Range Management
Publication Year
2013-10-01
Body

On the Ground • We develop a simple bio-economic model to reflect the stocking rate decision for a profit-seeking land manager and use it to identify factors influencing the optimal stocking rate. • The optimal stocking rate will be bounded by the rate that maximizes average animal performance and that maximizing total animal production per unit of rangeland. • The optimal stocking rate tends closer toward the upper bound as the ratio of the value of the animal product increases relative to the variable costs of production. • Fixed costs or overhead do not influence the optimal stocking rate, but will affect the amount of profit. The Rangelands archives are made available by the Society for Range Management and the University of Arizona Libraries. Contact lbry-journals@email.arizona.edu for further information. Migrated from OJS platform March 2020

Language
en
Resource Type
Text
Document Type
Journal Issue/Article
Digital Object Identifier (DOI)
10.2111/RANGELANDS-D-13-00027.1
Additional Information
Frasier, W. M., & Steffens, T. (2013). Stocking rate decisions are not related to what you paid for your land or pickup. Rangelands, 35(5), 14-21.
IISN
0190-0528
OAI Identifier
oai:repository.arizona.edu:10150/639977
Journal Volume
35
Journal Number
5
Journal Pages
14-21
Collection
Journal Name
Rangelands
Keywords
bio-economic modeling
optimal stocking rate
stocking rate
economics
overhead costs
fixed costs
variable costs
value of production
gross margin analysis
  • Practical, non-technical peer-reviewed articles published by the Society for Range Management. Access articles on a rolling-window basis from vol 1, 1979 up to 3 years from the current year. More recent content is available by subscription from SRM.