Factors Affecting The Adoption Of Value-Added Production On Cow-Calf Farms
AbstractFactors that affect the decision to feed or sell calves at weaning are analyzed for Arkansas cow-calf operators. A discrete choice logit model is used to analyze the adoption of value-added cattle production. Farm size, human capital, perception of risk/returns and enterprise diversification are hypothesized to explain this decision. Regional factors and land quality are also accounted for. Operator perceptions towards risk, profitability and facilities were important. Production control and attention to marketing were also significant, but farm size and scale of cattle production had a minimal impact. Effects of human capital and off-farm labor opportunities need further investigation.
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Bibliographic InfoArticle provided by Southern Agricultural Economics Association in its journal Journal of Agricultural and Applied Economics.
Volume (Year): 31 (1999)
Issue (Month): 01 (April)
backgrounding; cow-calf production; production control vs. marketing; risk/return relationship; technology adoption; Livestock Production/Industries;
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- Young, Katherine D. & Shumway, C. Richard, 1991. "Cow-Calf Producers' Perceived Profit Maximization Objective: A Logit Analysis," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 23(01), July.
- Dinar, Ariel & Yaron, Dan, 1990. "Influence Of Quality And Scarcity Of Inputs On The Adoption Of Modern Irrigation Technologies," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 15(02), December.
- Gary Crow, 1997. "Estimating the Values of Cattle Characteristics Using an Ordered Probit Model," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(2), pages 463-476.
- Little, Randall D. & Forrest, Charlie S. & Lacy, R. Curt, 2000. "Cattle Producer Attitudes Towards Alternative Production And Marketing Practices," Research reports 15792, Mississippi State University, Department of Agricultural Economics.
- Johnson, Rachel J. & Doye, Damona G. & Lalman, David L. & Peel, Derrell S. & Raper, Kellie Curry, 2008. "Adoption Of Best Management Practices In Stocker Cattle Production," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6827, Southern Agricultural Economics Association.
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