Adoption of Warm Season Grasses by Beef Cattle Producers in the Fescue Belt

Cattle producers in the Fescue Belt predominantly rely on cool-season grass (CSG) pastures. Supplementing CSGs with warm-season grasses (WSG) can provide economic and environmental benefits. We elicit Tennessee cattle producer willingness-to-adopt WSG using data from a hypothetical choice experiment...

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Bibliographic Details
Published in:Journal of agricultural and resource economics 2022-01, Vol.47 (1), p.190-208
Main Authors: Ren, Yongwang, Lambert, Dayton M, Clark, Christopher D, Boyer, Christopher N, Griffith, Andrew P
Format: Article
Language:English
Subjects:
Agriculture
Beef cattle
Belts
Cattle industry
Conservation
Costs
Decision making
Drought
Environmental quality
Error analysis
Expected utility
Farm Management
Forage
Foraging habitats
Grasses
Grasslands
Institutional and Behavioral Economics
Land conservation
Livestock Production/Industries
Monetary incentives
Natural resources
Pasture
Polls & surveys
Resource conservation
Soil erosion
Soil water
Summer
Water quality
Wildlife
Wildlife habitats
Wildlife management
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Summary:Cattle producers in the Fescue Belt predominantly rely on cool-season grass (CSG) pastures. Supplementing CSGs with warm-season grasses (WSG) can provide economic and environmental benefits. We elicit Tennessee cattle producer willingness-to-adopt WSG using data from a hypothetical choice experiment that offered a monetary incentive to establish WSG pasture. A novel double-hurdle regression with Student-t errors was estimated using a Bayesian Hamiltonian Monte Carlo procedure. About 66% of participants were willing to convert 14%-21% of their pasture acres to WSG depending on the incentive amount. A $95/acre incentive is estimated to convert 7,631 acres to WSG, costing $0.77 million.
ISSN:1068-5502
2327-8285
DOI:10.22004/ag.econ.310526