IDEAS home Printed from https://ideas.repec.org/a/oup/ajagec/v63y1981i3p457-465..html
   My bibliography  Save this article

Forecasting Short-Run Fed Beef Supplies with Estimated Data

Author

Listed:
  • James N. Trapp

Abstract

Unknown aggregate data series for the placement weight, growth rate, and sex composition of cattle placed on feed are estimated. The estimates are made by treating the unknown data as time-varying parameters of a cattle-on-feed growth and inventory stimulation model. A nonlinear optimization algorithm is used to estimate the unknown parameter series that optimize the model's simulation accuracy. Incorporation of the estimated series into a traditional econometric fed-beef-supply forecast model improved the model's forecast accuracy. The methodology used provides a general procedure for estimating unknown aggregate data using simulation models based upon microrelationships.

Suggested Citation

  • James N. Trapp, 1981. "Forecasting Short-Run Fed Beef Supplies with Estimated Data," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(3), pages 457-465.
    • Handle: RePEc:oup:ajagec:v:63:y:1981:i:3:p:457-465.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1240536
    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. Probst, Joel Keith, 1982. "Monthly cattle supply and price forecasting models," ISU General Staff Papers 1982010108000018043, Iowa State University, Department of Economics.
    2. Lawrence, John D., 1986. "Livestock-feed consumption relationships as indicators of feed demand," ISU General Staff Papers 1986010108000017557, Iowa State University, Department of Economics.

    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:63:y:1981:i:3:p:457-465.. 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.