Rates of Return to Improvement Practices on Private and Public Ranges

Keywords

Spraying, Private forests, Ranching, Investment return rates, Range improvement, Silvopastoral systems, Forage, Grasses, Grazing management, Livestock

Abstract

Livestock grazing currently taken from the national forests is about one-third of the 1918 peak level and about one-half the 1933 level. The probability is great that a further reduction will occur in the years ahead. The live-stock industry can meet this situation in any of these alternative ways: (1) by reducing the number of livestock, (2) by substituting other feed for forage and (3) by increasing the production of forage on the public and private ranges that remain available for grazing. This paper is an appraisal of the third alternative. Is investment in range improvement economic: i.e., is the economic rate of return on investment in range improvement practices sufficient to justify increasing the supply of forage in this way?

Original Publication Citation

Rates of Return to Improvement Practices on Private and Public Ranges, Land Economics, 38:42-50, 1962.

Document Type

Peer-Reviewed Article

Publication Date

1962-2

Permanent URL

http://hdl.lib.byu.edu/1877/5086

Publisher

Land Economics

Language

English

College

Family, Home, and Social Sciences

Department

Economics

University Standing at Time of Publication

Full Professor

Link to Full Text

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