Managing water as a Scare Resource in Beef Feedlots

Using a bio-economic model, H2OBeef, that includes traditionally considered parameters associated with running a beef feedlot but also incorporates aspects associated with water, changes that can alter water consumption and or price are examined. The results indicate that when water does not incur a cost, the net benefits of the feedlot used as the example in this paper, are in excess of one million dollars (Australian) over a 20 year period. However, with the inclusion of reasonable water costs ($1.20 to around $1.90/kL) and/or slight changes in water use within the feedlot, due to temperature changes from Greenhouse effects, the net benefits can fall to zero. Although water makes up a relatively small proportion of the total feedlot cost, if changes to water demand, supply and/or policy drive up price, then water can play a significant part in determining the economic viability of a feedlot.


Editor(s):
Malcolm, Bill
Wright, Vic
Issue Date:
2007
Publication Type:
Journal Article
DOI and Other Identifiers:
ISSN 1442-6951 (Other)
PURL Identifier:
http://purl.umn.edu/126079
Published in:
Australasian Agribusiness Review, Volume 15
JEL Codes:
ISSN 1442-6951
Series Statement:
Volume 15
Paper 1




 Record created 2017-04-01, last modified 2017-08-26

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