VALUE OF NEW TECHNOLOGIES IN DAIRY FARMING: THE CASE OF ROBOTIC MILKING
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The economic value of the innovation robotic milking systems (AMS) is examined for Swedish dairy operations. A mixed integer mathematical programming model, considering crops, calving distribution, seasonality and capacity constraints of the AMS system, is developed. The marginal value of increasing the capacity of the AMS unit is found to amount to 40-60% of the milk revenues per cow.