In this study we evaluated the combination of long-term market conditions and the price slide in the cattle market on revenues associated with continuous and rotational grazing systems. A price slide is a market phenomenon in which lighter cattle sell at a higher price per unit of liveweight compared with their heavier counterparts. We used actual herd average starting and ending weights in this market analysis, and analysed the outcome using five years’ data from a continuous and rotational comparative grazing study. Despite consistently lower weight gains with rotational grazing, differences in gross revenues per steer between grazing treatments ranged from US$43.46 to minus $5.72 across the study years. We observed annual differences in the net returns across years between the two grazing systems; net returns were greater for steers in the continuous grazing treatment in three of the five years, one year with net returns that did not differ between systems, and one year in which net returns were lower with continuous grazing. These variable results showcase the complexity in having both differences in end of grazing season weight classes between the grazing systems and the differential effects of price slide among weight classes. Therefore, we argue that it may be a better management strategy for land managers to determine the optimal ending weights and the time of year to market livestock to meet the goals of an operation, rather than trying to determine which grazing system is ‘best’.

在这项研究中，我们评估了长期市场条件和牛市价格下滑对连续和轮换放牧系统相关收入的综合影响。价格下滑是一种市场现象，其中较轻的牛比较重的牛每单位活重的价格更高。在此市场分析中，我们使用了实际牛群的平均起始和终止权重，并使用来自连续和轮换比较放牧研究的五年数据分析了结果。尽管旋转放牧的体重增加一直较低，但在整个研究年中，放牧处理之间每头公牛的总收入差异在43.46美元至负5.72美元之间。我们观察到两种放牧系统之间多年净收益的年度差异。在五年中的三年中，连续放牧处理的ste牛的净收益较高，一年的净收益在各系统之间没有差异，而一年的连续放牧的净收益较低。这些可变的结果表明，放牧系统末期的放牧季节体重类别既有差异，又有体重类别之间的价格滑落的差异。因此，我们认为，对于土地管理者来说，确定最佳的结局权重和每年销售牲畜的时间以达到经营目标可能是一种更好的管理策略，而不是试图确定哪种放牧系统是“最佳”的。连续放牧一年的净收益较低。这些可变的结果表明，放牧系统末期放牧季节体重类别的差异和体重类别之间价格下滑的差异都会产生复杂性。因此，我们认为，对于土地管理者来说，确定最佳的结局权重和每年销售牲畜的时间以达到经营目标可能是一种更好的管理策略，而不是试图确定哪种放牧系统是“最佳”的。连续放牧的一年净收益较低。这些可变的结果表明，放牧系统末期放牧季节体重类别的差异和体重类别之间价格下滑的差异都会产生复杂性。因此，我们认为，对于土地管理者来说，确定最佳的结局权重和每年销售牲畜的时间以达到经营目标可能是一种更好的管理策略，而不是试图确定哪种放牧系统是“最佳”的。