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Wolf, Christopher A.; Hadrich, Joleen C.; Vandehaar, M.J.. |
Accelerated prepubertal growth rates can lower heifer raising costs but may put heifers at risk for impaired mammary development and have been found to be detrimental decreased to milk production in the first lactation. The tradeoff between heifer raising costs and milk production loss is examined in a capital budgeting model. Monthly annuity net present value of a heifer investment through the first lactation is assessed for heifers calving at 20, 22, 24, 26 and 28 months of age. A 24 mo AFC base case strategy with 9009.5 kg subsequent first lactation milk yields $7.34 in returns per month. Accelerated growth resulted in higher returns ($12.77/mo for 20 mo AFC; $9.86/mo for 22 mo AFC) when milk production is not affected as total raising costs decline... |
Tipo: Working or Discussion Paper |
Palavras-chave: Heifer growth; Economics; Investment; Livestock Production/Industries. |
Ano: 2006 |
URL: http://purl.umn.edu/7429 |