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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.
Abstract
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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).
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University of Wyoming. Libraries