THE INVESTMENT POTENTIAL OF WARM-SEASON GRASSES FOR HILL-LAND BEEF PRODUCERS
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The investment potential of warm-season grasses is compared with that of cool-season grasses, with special emphasis on hill-land beef production. In addition to evaluating relative costs and returns for various grazing systems, a sensitivity analysis is conducted. The results are then illustrated for a representative hill-land farm in West Virginia, and both an optimal and a set of quasi-optimal solutions are generated within the linear programming framework. In general, warm-season grasses are found to be a superior investment alternative for hill-land beef producers.