Production budgets for dryland crop and crop/livestock systems are developed to estimate yields, costs and returns for dryland wheat and sorghum and for alternative dryland crop/livestock systems. A crop simulation model aids yield estimation. The yield and return distributions are used to...

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...