LDC Reports MIP16 Report Vol V Bowen Basin Baseline Synthesis Report | Page 53

It is recognised that pasture utilisation is not necessarily driven by economics and that other drivers are likely to be important to decisions about stocking rate and pasture utilisation , for example , maintaining cash flow to service debt is a rational basis for running much higher utilisation rates over the short term . The results are indicative and provide a useful comparison between land types in the BBB catchment .
The Goldfields land type results ( Figure 24 , Figure 25 and Table 6 ) show that :
• The economically optimal pasture utilisation is between 15 % and 20 % TSDM for B and C starting land conditions , and 30 % TSDM for A start land condition ( Figure 24 and Figure 25 ).
• Land condition makes a big difference to the net present value ; at the economically optimal pasture utilisation of 30 % TSDM the “ A ” start condition net present value of $ 4,674,053 is substantially more than the “ B ” ($ 2,516,873 ) or “ C ” ($ 1,148,839 ) start conditions ( Figure 24 ).
• The net present values are lower for the tree scenario ( Figure 24 ) than the cleared scenario ( Figure 25 ) across the three starting conditions , and the tree scenario also has higher sediment exported for each start condition . This makes the cost per tonne to reduce sediment a cheaper option on scenarios with trees due to the combination of both a lower net present value and higher sediment exported . The higher sediment exported from the treed scenario is due to the higher areas of bare ground underneath trees that is more prone to erosion .
A negative cost means that no incentives are required to achieve reductions in sediment exported . Rather , funding on education and extension is required to assist producers understand that their economic position will be enhanced if they reduce their pasture utilisation , and simultaneously reduce sediment exported .
Figure 24 . Results for Goldfields land type with 0 tree basal area ( cleared ). Source : Star et al . ( 2013 ).
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