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Predicting the Beef Cattle Inventory

Author

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  • Walters, Forrest

Abstract

THE NUMBER of beef cattle which beef producers plan to keep on farms is due largely to the prices they expect to receive for feeder calves or slaughter animals. In this paper simple relationships between cattle numbers and past prices are constructed to embody the latest price information available for estimating beef cattle numbers from 6 months to more than a year in advance.1 The relationships have been deliberately kept simple so that they can be used conveniently. In addition to prices used in these relationships, many other events must be examined by the forecaster to see whether they will influence the decision to keep more or fewer cattle on farms.

Suggested Citation

  • Walters, Forrest, 1965. "Predicting the Beef Cattle Inventory," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 17(1), pages 1-9, January.
    • Handle: RePEc:ags:uersja:145901
    DOI: 10.22004/ag.econ.145901
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    File URL: https://ageconsearch.umn.edu/record/145901/files/3Walters_17_1.pdf
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    Cited by:

    1. Gruber, Josef, 1965. "Econometric simultaneous equation models of the cattle cycle in the United States and three selected regions," ISU General Staff Papers 196501010800005040, Iowa State University, Department of Economics.
    2. Tomek, William G. & Robinson, Kenneth L., 1977. "PART V. Agricultural Price Analysis and Outlook," AAEA Monographs, Agricultural and Applied Economics Association, number 337217.

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