Climate variability strongly influences the profitability of grazing. Scientists Nguyen-Huy et al. demonstrate that graziers can strategically move their production to other areas based on changing seasonal climate conditions. They also show that using climate information and geographic risk spreading strategies together can help graziers minimize climate risk, while not sacrificing profitability. The approach is applicable to other parts of the world and could be used to optimize risk and profitability for other agricultural sectors exposed to variable climatic conditions.
