Pasture persistence: how much is it worth?

The farm system model, Farmax Dairy Pro, was used to evaluate the impact of new pastures on dairy farm profitability, assuming a range of pasture yields and qualities, and different levels of persistence in the new pastures, which were established on 10% of the farm annually. Scenarios were tested for Waikato, Taranaki, Canterbury and Southland dairy farm systems. Assuming a $6.50/kg MS milk payment and a response to pasture renewal of 10% in dry matter yield and a 0.6 MJ ME/kg DM increase in quality, increasing persistence from 4 years up to 8 years was modelled to increase dairy farm profitability by $271/ha to $478/ha. Management practices, including selections of cultivars and endophytes, that improve pasture persistence are likely to increase dairy farm profitability. Keywords: dairy farms, modelling, pasture renewal, persistence