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Economics of Meat Production from the Springbuck in the Eastern Cape Karoo AgEcon
Dlamini, Thula S.; Fraser, Gavin C.G..
The feasibility of springbuck based meat production in the EC Karoo was analysed through a stochastic budgeting model, while overtly taking cost and price risk into consideration. Monte Carlo simulation of a springbuck based meat production enterprise was used to quantify the risks that would be faced by springbuck ranchers. Springbuck ranching has been proven a viable alternative in the production of highly nutritious and healthy meat (venison) that is on high demand in European markets and more recently with a promising and growing local demand as well. The results indicate that in the Eastern Cape Karoo, springbuck ranching for meat production is a viable business. As the call for more environmentally friendlier rangelands utilisation economic systems...
Tipo: Journal Article Palavras-chave: Game ranching; Springbuck ranching; Meat production; Economic feasibility; Monte Carlo simulation; Livestock Production/Industries.
Ano: 2010 URL: http://purl.umn.edu/96181
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