Rangeland Ecomomics
As we enter a new era in rangeland livestock production with escalating costs in all areas of production, it becomes more evident that rangeland managers and range livestock producers need new tools in evaluating operations. Below you will find information from the CRLRC as well as other meaningful information conducted or analyzed throughout the U.S.
Economics on the CRLRC
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The economic importance of maintaining flexible grazing strategies for drought management.A interesting report using a CRLRC based ranch model to forecast ideal production on the CRLRC. This study really stresses the importance of a flexible grazing strategy (2008 CRLRC Field Day proceedings).
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Using Soil Moisture to Estimate the Economic Value of Rainfall Events for Range Forage Production An in depth look at rainfall and relative soil moisture and predicting forage yeild. (2008 CRLRC Field Day proceedings).
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Eighteen Years (1990-2007) of Climatological Data on NMSU's Corona Range and Livestock Research CenterThis is a compilation of 18 years of weather data recorded on the CRLRC. (NMSU AES Research Report 761, October 2008).
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Factors affecting the market value of the NMSU Corona Ranch (and other New Mexico Ranchers) An explanation of a value model and the factors that influence ranch valuation. Describes how to use online tool to value your ranch. (2005 CRLRC Field Day proceedings).
General Information from the Cooperative Extension Service and the Ag Experiment Station
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Perspectives on Rangeland Management: Stocking Rates, Seasonal Forecasts, and the Value of Weather Information to New Mexico RanchersAn interesting analysis of the many variables facing range livestock production addressing flexibility. (NMSU AES Research Report 759, December 2007).
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Using the Stocker Cattle Futures and Options Contracts to Manage Price RisksA concise and easily understood primer on using futures and options to manage price risks. (NMSU AES Technical Report 32, May 1999).
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Taxation and Livestock Production in New MexicoA basic explanation of the tax liability of a typical NM ranch. (NMSU CES Cicular 635, October 2008)
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QuickBooks Pro: An Agricultural Producer's Users GuideA guide for beginners using QuickBooks Pro as an accounting record. (NMSU CES Guide Z-419, September 2008)
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Farm and Ranch Economic DictionaryA glossary of agricultural financial terms. (NMSU CES Guide Z-103, September 2009)