| Abstract: | A comprehensive set of potential new feed grains for Australia was evaluated to help establish the options with the highest priorities for research. The cost–reducing impacts of the different options were analysed using a linear–programming model that determined the least–cost feed rations for the different livestock industries. Economic welfare analysis was then used to estimate the size and distribution of the benefits of research from the feed grains quality–improving research. The analysis revealed that there are only limited opportunities to improve the productivity and competitiveness of Australia's livestock industries by improving the nutritional characteristics of feed grains. |
