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Risk and Returns of Spring and Fall Calving for Beef Cattle in Tennessee

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  • Henry, Gavin W.
  • Boyer, Christopher N.
  • Andrew P. Griffith
  • Larson, James
  • Smith, Aaron
  • Lewis, Karen

Abstract

We determined the profitability and risk for spring- and fall-calving beef cows in Tennessee. Simulation models were developed using 19 years of data and considered the seasonality of cattle prices and feed prices for least-cost feed rations to find a distribution of net returns for spring- and fall-calving seasons for two weaning months. Fall calving was more profitable than the spring calving for all feed rations and weaning months. Fall calving was also risk preferred over spring calving for all levels of risk aversion. Higher calf prices at weaning were the primary factor influencing the risk efficiency of fall calving.

Suggested Citation

  • Henry, Gavin W. & Boyer, Christopher N. & Andrew P. Griffith & Larson, James & Smith, Aaron & Lewis, Karen, 2016. "Risk and Returns of Spring and Fall Calving for Beef Cattle in Tennessee," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 48(3), June.
    • Handle: RePEc:ags:joaaec:349273
    DOI: 10.22004/ag.econ.349273
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    References listed on IDEAS

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    1. Chavas, Jean-Paul, 2004. "Risk Analysis in Theory and Practice," Elsevier Monographs, Elsevier, edition 1, number 9780121706210.
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    2. Boyer, Christopher N. & Griffith, Andrew P. & Pohler, Ky G., 2020. "Improving Beef Cattle Profifitability by Changing Calving Season Length," Journal of Applied Farm Economics, Purdue University, vol. 3(01), January.
    3. Boyer, Christopher M. & McFarlane, Zach McFarlane & Mulliniks, Travis & Griffith, Andrew P., "undated". "Simulating Calving Season Length Impact on Beef Cattle Profitability," 2018 Annual Meeting, August 5-7, Washington, D.C. 274107, Agricultural and Applied Economics Association.
    4. Boyer, Christopher N. & Yu, T. Edward & Rhinehart, Justin & Ahles, Amelia & Gill, Mackenzie, 2020. "Does the Tennessee Master Beef Producer Program Impact Technical Efficiency," Western Economics Forum, Western Agricultural Economics Association, vol. 18(2), December.
    5. Boyer, Christopher M. & McFarlane, Zach McFarlane & Mulliniks, Travis & Griffith, Andrew P., "undated". "Investment into Developing Heifers: When Does She Become Profitable?," 2018 Annual Meeting, August 5-7, Washington, D.C. 274108, Agricultural and Applied Economics Association.
    6. Elliott, L.M. & Saleh, S. & Elliott, M.S., 2018. "Can Camelina and Carinata Be Profitable in South Dakota," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2018.
    7. Maximilian Koppenberg, 2023. "Markups, organic agriculture and downstream concentration at the example of European dairy farmers," Agricultural Economics, International Association of Agricultural Economists, vol. 54(2), pages 161-178, March.
    8. Boyer, Christopher & Griffith, Andrew P. & Thompson, Jada M. & Rhinehart, Justin & Burdine, Kenneth H., 2022. "Bred Heifer Price Determinants in the Southeast," Journal of Applied Farm Economics, Purdue University, vol. 3(2), May.
    9. Boyer, Christopher M. & Lambert, Dayton M. & Larson, James A. & Tyler, Donald, "undated". "Investment Analysis of Long-term Cover Crops and Tillage Systems on Cotton Production," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258525, Agricultural and Applied Economics Association.

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