IDEAS home Printed from https://ideas.repec.org/p/ags/aaea04/20268.html

An Economic Analysis Of Pasture-Raised Beef Systems In Appalachia

Author

Listed:
  • Evans, Jason R.
  • D'Souza, Gerard E.
  • Sperow, Mark
  • Rayburn, Edward B.

Abstract

Cow-calf operations are important enterprises for family farmers in Appalachia and provide significant opportunity for supplemental income. This analysis constitutes a thorough economic assessment of pasture-raised beef production, an alternative to traditional production that could benefit the region's producers in terms of profitability and mitigated risk. Stochastic budgeting was utilized for profitability and risk comparison between traditional and pasture-raised operations and accounted for seasonal variability in prices, pasture availability and animal performance. Pasture-raised systems, in relation to traditional ones, were shown to consistently yield higher returns over variable costs and were shown less likely to yield losses over total costs in typical production seasons. Economic risk for pasture-raised producers stems largely from production factors but, overall, is seemingly less pronounced than the market risk faced by traditional producers selling live cattle.

Suggested Citation

  • Evans, Jason R. & D'Souza, Gerard E. & Sperow, Mark & Rayburn, Edward B., 2004. "An Economic Analysis Of Pasture-Raised Beef Systems In Appalachia," 2004 Annual meeting, August 1-4, Denver, CO 20268, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea04:20268
    DOI: 10.22004/ag.econ.20268
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/20268/files/sp04ev01.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.20268?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Pope, C. Arden, III & Shumway, C. Richard, 1984. "Management Of Intensive Forage-Beef Production Under Yield Uncertainty," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 16(2), pages 1-7, December.
    2. repec:cup:jagaec:v:28:y:1996:i:02:p:247-262_00 is not listed on IDEAS
    3. repec:cup:jagaec:v:16:y:1984:i:02:p:37-44_01 is not listed on IDEAS
    4. Greene, Catherine R., 2001. "U.S. Organic Farming Emerges in the 1990s: Adoption of Certified Systems," Agricultural Information Bulletins 33777, United States Department of Agriculture, Economic Research Service.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Laibuni, N. & Kirui, L., 2018. "Transforming Livestock Production through Systems Thinking Approach: the case of West Pokot and Narok Counties," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 276020, International Association of Agricultural Economists.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bertramsen, Sherry K. & Hguyen, Genevieve & Dobbs, Thomas L., 2002. ""Quality" And "Eco-Labeling" Of Food Products In France And The United States," Economics Staff Papers 32022, South Dakota State University, Department of Economics.
    2. Lohr, Luanne & Park, Timothy A., 2003. "Improving Extension Effectiveness for Organic Clients: Current Status and Future Directions," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 28(3), pages 1-17, December.
    3. Doye, Damona & McGee, Adam & Lalman, David, 2017. "Economic analysis of forage systems designed to intensify beef production," 21st Congress, Edinburgh, Scotland, July 2-7, 2017 345789, International Farm Management Association.
    4. Lohr, Luanne, 2001. "The Importance Of The Conservation Security Act To Us Competitiveness In Global Organic Markets," Faculty Series 16706, University of Georgia, Department of Agricultural and Applied Economics.
    5. Wossink, Ada & Kuminoff, Nicolai V., 2005. "Valuing the Option to Switch to Organic Farming: An Application to U.S. Corn and Soybeans," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24716, European Association of Agricultural Economists.
    6. John Cranfield & Spencer Henson & James Holliday, 2010. "The motives, benefits, and problems of conversion to organic production," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 27(3), pages 291-306, September.
    7. Kuminoff, Nicolai V. & Wossink, Ada, 2005. "Valuing the Option to Convert from Conventional to Organic Farming," 2005 Annual meeting, July 24-27, Providence, RI 19531, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Greene, Catherine & Wechsler, Seth J. & Adalja, Aaron & Hanson, James, 2016. "Economic Issues in the Coexistence of Organic, Genetically Engineered (GE), and Non-GE Crops," Economic Information Bulletin 232929, United States Department of Agriculture, Economic Research Service.
    9. Mrill Ingram, 2002. "Producing the natural fiber naturally: Technological change and the US organic cotton industry," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 19(4), pages 325-336, December.
    10. Ribaudo, Marc & Hansen, LeRoy T. & Hellerstein, Daniel & Greene, Catherine R., 2008. "The Use of Markets To Increase Private Investment in Environmental Stewardship," Economic Research Report 56473, United States Department of Agriculture, Economic Research Service.
    11. Greene, Catherine R. & Kremen, Amy, 2003. "U.S. Organic Farming In 2000-2001: Adoption Of Certified Systems," Agricultural Information Bulletins 33769, United States Department of Agriculture, Economic Research Service.
    12. Hoehn, John P. & Deaton, Brady J., Jr., 2003. "Information As A Double-Edged Sword: The Economic And Welfare Consequences Of Certified Labeling For Credence Attributes," Staff Paper Series 11762, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    13. Hoehn, John P. & Deaton, Brady J., Jr., 2004. "The Welfare Consequences Of Certified Labeling For Credence Attributes," Staff Paper Series 11758, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    14. Berger, Ariadna M. & Knoblauch, Wayne A. & Pratt, James E., 1999. "Management Strategies, Risk Considerations and Herd Size Analysis for Optimal Resource Allocation in Argentine Dairy Farms," Research Bulletins 122680, Cornell University, Department of Applied Economics and Management.
    15. Park, Timothy A. & Lohr, Luanne, 2002. "Organic Pest Management Decisions: A Systems Approach," Faculty Series 16655, University of Georgia, Department of Agricultural and Applied Economics.
    16. Lohr, Luanne & Park, Timothy A., 2002. "Promoting Sustainable Insect Management Strategies: Learning From Organic Farmers," Faculty Series 16650, University of Georgia, Department of Agricultural and Applied Economics.
    17. Felicia Wu, 2004. "Explaining Public Resistance to Genetically Modified Corn: An Analysis of the Distribution of Benefits and Risks," Risk Analysis, John Wiley & Sons, vol. 24(3), pages 715-726, June.
    18. B. Deaton & John Hoehn, 2005. "The social construction of production externalities in contemporary agriculture: Process versus product standards as the basis for defining “organic”," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 22(1), pages 31-38, March.
    19. Dillon, Carl R., 1992. "Microeconomic Effects Of Reduced Yield Variability Cultivars Of Soybeans And Wheat," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 24(01), pages 1-13, July.
    20. MacInnis, Bo, 2004. "Transaction Costs And Organic Marketing: Evidence From U.S. Organic Produce Farmers," 2004 Annual meeting, August 1-4, Denver, CO 20386, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

    More about this item

    Keywords

    ;

    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:ags:aaea04:20268. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc 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 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: AgEcon Search (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.