Risk-Return Analysis of Incorporating Annual Legumes and Lamb Grazing with Dryland Crop Rotations

Held, L. J.; Haag, A. A.; Krall, J. M.; Delaney, R. H.; Miller, Steven L.

doi:10.15786/13677601.v3

FACW_BOT_2002_Held_Haag_Krall_Delaney_Miller.pdf (281.77 kB)

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Risk-Return Analysis of Incorporating Annual Legumes and Lamb Grazing with Dryland Crop Rotations

journal contribution

posted on 2021-11-15, 21:43 authored by L. J. Held, A. A. Haag, J. M. Krall, R. H. Delaney, Steven L. Miller

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).