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The federal grazing fee is currently set using the Public Rangeland Improvement Act (PRIA) fee formula established in 1978 and modified in 1986. The formula is adjusted annually using indices of private land grazing lease rates (Forage Value Index, FVI), prices received for beef cattle (Beef...
Persistent link: https://www.econbiz.de/10005807383
The economic impact of changing land-use policies has traditionally been estimated using the standard economic model of profit maximization. Ranchers are assumed to maximize profit and to adjust production strategies so as to continue maximizing profit with altered policies. Yet, nearly 30 years...
Persistent link: https://www.econbiz.de/10009446764
A panel of professionals from the ranching, environmental, agency, and university communities was assembled to examine trends relating to the future of grazing on federal lands. Five factors were identified that were thought to influence the use of grazed forages over the next 20 years. These...
Persistent link: https://www.econbiz.de/10005807384
The federal grazing fee is currently set using the Public Rangeland Improvement Act (PRIA) fee formula established in 1978 and modified in 1986. The formula is adjusted annually using indices of private land grazing lease rates (Forage Value Index, FVI), prices received for beef cattle (Beef...
Persistent link: https://www.econbiz.de/10009446765
Persistent link: https://www.econbiz.de/10003486712
Grazing permit value supposedly arises as a cost advantage for permit holders. Yet, ranches are overpriced relative to income earning potential. Hedonic models for New Mexico and the Great Basin were used to evaluate permit value. We found less than 16% of the marginal value of grazing permits...
Persistent link: https://www.econbiz.de/10005330398
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Policy analysis and planning requires that we know what the likely responses of affected parties to given policy changes. We conducted a random survey of ranchers holding 1998 public land grazing permits in all western states to determine the social and economic characteristics of permit...
Persistent link: https://www.econbiz.de/10005807387