IDEAS home Printed from https://ideas.repec.org/a/oup/ajagec/v76y1994i4p847-858..html
   My bibliography  Save this article

Optimal Replacement and Management Policies for Beef Cows

Author

Listed:
  • W. Marshall Frasier
  • George H. Pfeiffer

Abstract

Beef cow replacement studies have not reflected the interaction between herd management and the culling decision. We demonstrate techniques for modeling optimal beef cow replacement intervals and discrete management policies by incorporating the dynamic effects of management on future productivity when biological response is uncertain. Markovian decision analysis is used to identify optimal beef cow management on a ranch typical of the Sandhills region of Nebraska. Issues of breeding season length, winter nutrition, and replacement are investigated. Results illustrate the importance of nutrition management in the replacement decision.

Suggested Citation

  • W. Marshall Frasier & George H. Pfeiffer, 1994. "Optimal Replacement and Management Policies for Beef Cows," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(4), pages 847-858.
    • Handle: RePEc:oup:ajagec:v:76:y:1994:i:4:p:847-858.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1243746
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mathews, Kenneth H., Jr. & Short, Sara D., 2001. "The Beef Cow Replacement Decision," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 19(2), pages 1-21.
    2. Bohling, Trenton T. & Mark, Darrell R., 2011. "Beef Cow Replacement Decisions: Is Keeping Open Cows Possible?," Cornhusker Economics 306700, University of Nebraska-Lincoln, Department of Agricultural Economics.
    3. Boyer, Christopher M. & McFarlane, Zach McFarlane & Mulliniks, Travis & Griffith, Andrew P., 2018. "Investment into Developing Heifers: When Does She Become Profitable?," 2018 Annual Meeting, August 5-7, Washington, D.C. 274108, Agricultural and Applied Economics Association.
    4. Ibendahl, Gregory A. & Anderson, John D., 2001. "Open Cow Replacement Decisions: an Application of Asset Replacement Theory," 2001 Annual Meeting, July 8-11, 2001, Logan, Utah 36184, Western Agricultural Economics Association.
    5. Susana MEJIA & Andres Ramirez HASSAN, 2016. "Determining the optimal selling time of cattle: A stochastic dynamic programming approach," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 62(11), pages 517-527.
    6. Tronstad, Russell, 1997. "Value of Pregnancy Testing Range Cows," 1997 Annual Meeting, July 13-16, 1997, Reno\ Sparks, Nevada 35771, Western Agricultural Economics Association.
    7. Howitt, Richard E. & Kobayashi, Mimako & Jarvis, Lovell S. & Laca, Emilio A., 2003. "Modeling Extensive Livestock Production Systems: An Application To Sheep Production In Kazakhstan," 2003 Annual meeting, July 27-30, Montreal, Canada 21968, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:ajagec:v:76:y:1994:i:4:p:847-858.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.