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| Berger, Ariadna M.; Knoblauch, Wayne A.; Pratt, James E.. |
| After a rapid expansion of the Argentine dairy sector, lower producer prices are expected. As a means of preventing an excessive reduction in dairy farmers’ profitability, an analysis of current profitability and an evaluation of possible improved resource allocation are warranted. This study aims to: 1- establish an optimal plan for dairy farms located in the Santa Fe Sur region, and determine if and how it differs from the current plan; 2- determine if the current resource allocation is efficient in terms of the return-risk tradeoff; 3- evaluate ‘nearly optimal’ plans; and 4- determine the role of herd size in profitability improvement. The comparison of current practices on a representative dairy farm in the Santa Fe Sur region and the optimal solutions... |
| Tipo: Working Paper |
Palavras-chave: Livestock Production/Industries; Risk and Uncertainty. |
| Ano: 1999 |
URL: http://purl.umn.edu/122680 |
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