Background
to the
Analysis:
MIDAS
was selected as the
modelling tool for
this economic
component of the
project because it
represents the whole
flock and it
includes a powerful
feed budgeting
module that
optimises animal and
pasture management
across the whole
farm. MIDAS is a
computer model used
to assess the impact
of change in a
farming system. It
describes the
biological
relationships of a
representative farm
and calculates the
profitability of the
whole flock based on
the productivity of
each class of stock
and commodity prices
and the farm
carrying capacity
calculated in the
detailed feed
budget.
Being
an optimizing model
it calculates the
optimum stocking
rate and optimum
rate of grain
feeding that will
maximize
profitability while
achieving the
targets specified
for the ewes. The
model also accounts
for changes in flock
structure and the
change in ewe energy
requirements that
result from
increasing lambing
percentage and the
number of ewes
pregnant or
lactating with
singles or twins
when ewe nutrition
is altered.
Including
the biology that has
been quantified as
part of the
Lifetimewool project
in economic
analyses, altered
the outcome about
the most profitable
nutrition strategy
for ewes that had
tradionally been
accepted.
The
economic analysis
was conducted by
John Young of the
Farming Systems
Analysis Service,
based in Kojonup,
WA. John is
recognised as one of
Australia's most
respected farm
modelers and
conducts analysis
for many other major
projects
nationally.
|