Offered Papers Theme C: Delivering the Benefits from Grassland
Description
In pastoral sheep finishing systems, farmers aim to maximize profitability by deciding on when and how many animals to buy and/or sell, while taking into account feed availability and current prices. This paper describes a stochastic lamb growth simulation model with a set of heuristic rules, which has been developed to financially evaluate different management strategies for growing lambs on pasture.
Citation
Morel, P. C. H.; Wildbore, B.; Brookes, I. M.; Kenyon, Paul R.; Purchas, R. W.; and Ramaswami, S., "A Model to Evaluate Buying and Selling Policies for Growing Lambs on Pasture" (2023). IGC Proceedings (1993-2023). 35.
https://uknowledge.uky.edu/igc/20/themeC/35
Included in
Agricultural Science Commons, Agronomy and Crop Sciences Commons, Plant Biology Commons, Plant Pathology Commons, Soil Science Commons, Weed Science Commons
A Model to Evaluate Buying and Selling Policies for Growing Lambs on Pasture
In pastoral sheep finishing systems, farmers aim to maximize profitability by deciding on when and how many animals to buy and/or sell, while taking into account feed availability and current prices. This paper describes a stochastic lamb growth simulation model with a set of heuristic rules, which has been developed to financially evaluate different management strategies for growing lambs on pasture.