Optimization models are developed to determine grazing alternatives for individual dryland producers. Models alternatives include wheat, sorghum-sudan, summer perennial grass, and native range. Precipitation risk and price risk are estimated for seasonal production alternatives, and options that...

Agriculture production in the Texas High Plains is highly dependent on climate especially with the decline in water levels in the Ogallala Aquifer. There is increasing pressure on the Ogallala Aquifer as a result of an increase in population and expansion of agricultural production. The decline...