Identifying Economic Risk In Cattle Feeding
Closeout data from two western Kansas commercial feedlots are examined to determine how cattle prices, feed costs, and animal performance impact the variability of cattle feeding profits. The relative impacts of these factors are studied across sex, placement weight, and placement month using standardized beta coefficients. Feeder cattle prices have a greater impact on profit variability for spring and fall placements. The effect of animal performance on variability of cattle feeding profits is greater for fall placements. Results suggest that fed cattle and feeder cattle prices should be emphasized in managing the overall risk in cattle feeding because they are the largest contributors to profit variability.
Volume (Year): 18 (2000)
Issue (Month): 3 ()
|Contact details of provider:|| Postal: 301 Conner Hall, University of Georgia, Athens, GA 30602-7509|
Web page: http://www.agecon.uga.edu/~jab/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- E. R. Swanson & V. I. West, 1963. "Statistical Analysis of Feeder Cattle Returns," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 45(1), pages 146-150.
- Langemeier, Michael R. & Schroeder, Ted C. & Mintert, James R., 1992.
"Determinants Of Cattle Finishing Profitability,"
Southern Journal of Agricultural Economics,
Southern Agricultural Economics Association, vol. 24(02), December.
- Schroeder, Ted C. & Albright, Martin L. & Langemeier, Michael R. & Mintert, James R., 1993. "Determinants of Cattle Feeding Profit and Cost of Gain Variability," Staff Papers 118161, Kansas State University, Department of Agricultural Economics.
When requesting a correction, please mention this item's handle: RePEc:ags:jloagb:14712. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.