Article | . 2017 Vol. 29, Issue. 3
Economic Effect of Local Feed Utilization in Korea



Department of Agricultural and Resource Economics, Kangwon National University1
Agriculture and Life Science Research Institute, Kangwon National University2
National Institute of Crop Science, Rural Development Administration3




2017.. 237:249


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Rice straw is the principal forage for Korean cattle. Limited supply of domestic forage forces Korea to depend on imported forage. Utilizing locally available domestic feed as an alternative would lead to self-sufficiency and stability in cattle farm management. Locally available feed can be utilized as forage. The challenge of collecting local feed has been overcome by machines that have been developed to harvest feed. Local feed can be completely consumed in the production regions, thus reducing transportation costs and increasing price competitiveness. Hitherto, studies have focused on feed technologies and price competitiveness, among other factors, while the substitution of forage has not been examined. This study conducts a quantitative analysis to estimate the extent to which local feed can replace existing forage. We find that local feed is cheaper, and abundantly available, and can thus replace high-quality forage.



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