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Simulated Analysis of Drought's Impact on Different Cow-Calf Production Systems

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Author Info
Stockton, Matthew C.
Wilson, Roger K.
Abstract

Five representative firm level stochastic simulation models were constructed using historical production cost, cattle prices, weather information and scientifically collected production data from the Gundmendson Sandhills Laboratory operated by University of Nebraska. The five hundred iterative results indicate inclusion of crop residual grazing as a viable drought mitigation tool.

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File URL: http://purl.umn.edu/34981
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Publisher Info
Paper provided by Southern Agricultural Economics Association in its series 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama with number 34981.

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Date of creation: 2007
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Handle: RePEc:ags:saeasm:34981

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Related research
Keywords: Drought Mitigation; Firm Level; Residual Grazing; Simulation; Stochastic; Livestock Production/Industries;

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