Abstract
ABSTRACT ECONOMIC analysis is applied to the Wet Fractiona-tion System which mechanically dewaters forages and eliminates the risk of weather damages and delays. The present value bid price determined by simulation and linear programming ranges from $32,700 for a small farm with 50 acres of alfalfa to $183,900 for a large farm. Estimates of manfacturing costs are $60,000, indicating that the technology is feasible on large forage-dairy farms. Analysis assumes all products are used on-farm. Off-farm marketing of the protein extract will greatly in-crease the market for the technology and substantially influence the market for protein concentrate.
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