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Description:
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For several decades , multiple species stocking has been accepted as an effective and efficient practice in the ranching industry of west Texas . Benefits include exploitation of multiple markets , flexibility to adjust to those markets , maximum utilization of forage diversity , and sustained productive health of the improved pasture . This investigation was designed to assess the potential profit represented in different combinations , while accounting for extensive variability through the analysis of a series of enterprise budgets . Results indicate that a multiple species cow -calf and commercial range sheep combination enterprise generates the highest profitability . Sensitivity analysis was also conducted to show how volatile an enterprise can be to market fluctuations both low and high . |