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Permanent link (DOI): https://doi.org/10.7939/R3FK8S

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Benefit-Cost Analysis of NIRS Feeding Initiative for the Alberta Dairy and Beef Cattle Industry Open Access

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Other title
Subject/Keyword
Near-Infrared Reflectance Spectroscopy
Production Economics
Benefit-Cost Analysis
Technology Adoption
Type of item
Thesis
Degree grantor
University of Alberta
Author or creator
Li, Zheng
Supervisor and department
Unterschultz, James (Resource Economics and Environmental Sociology)
Jeffrey, Scott (Resource Economics and Environmental Sociology)
An, Henry (Resource Economics and Environmental Sociology)
Examining committee member and department
Okine, Erasmus (Agricultural, Food and Nutritional Science)
An, Henry (Resource Economics and Environmental Sociology)
Rude, James (Resource Economics and Environmental Sociology)
Jeffrey, Scott (Resource Economics and Environmental Sociology)
Unterschultz, James (Resource Economics and Environmental Sociology)
Department
Department of Resource Economics and Environmental Sociology
Specialization
Agricultural and Resource Economics
Date accepted
2014-11-21T11:24:18Z
Graduation date
2014-11
Degree
Master of Science
Degree level
Master's
Abstract
Near-Infrared Reflectance Spectroscopy (NIRS) is considered a promising technique for feed analysis. The main advantages of NIRS are the speed and efficiency with which feeds may be analyzed for nutrient content and the fact that NIRS can accomplish this without destroying the test samples, meaning that they can be tested repeatedly. However, the economic benefits associated with farmer adoption of NIRS have not been studied to any significant extent. This study conducted a benefit-cost analysis for the dairy and beef cattle backgrounding and finishing sectors in Alberta and western Canada. A least-cost ration model was developed to evaluate feed cost savings associated with the adoption of NIRS. This was compared with the costs of adoption to quantify net benefits. Estimates of net benefits were then converted to an animal unit ($ per head) to allow aggregation to an industry level for Alberta and for western Canada. Sensitivity analyses were also performed to examine the effects of changes in feed ingredient prices, NIRS adoption costs, and discount rate. The final results suggested that it would be economically feasible to commercially introduce NIRS technology on dairy and beef cattle farms in Alberta and western Canada.
Language
English
DOI
doi:10.7939/R3FK8S
Rights
Permission is hereby granted to the University of Alberta Libraries to reproduce single copies of this thesis and to lend or sell such copies for private, scholarly or scientific research purposes only. Where the thesis is converted to, or otherwise made available in digital form, the University of Alberta will advise potential users of the thesis of these terms. The author reserves all other publication and other rights in association with the copyright in the thesis and, except as herein before provided, neither the thesis nor any substantial portion thereof may be printed or otherwise reproduced in any material form whatsoever without the author's prior written permission.
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