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The Spatio-temporal Impact of Drought on Local and Regional Feeder Cattle Inventories

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  • Belasco, Eric J.

Abstract

Recent droughts have demonstrated the sensitivity of cattle inventories to adverse weather. Statelevel first-differenced panel regressions are used to estimate the impact of drought conditions on rancher decisions regarding herd size. Results provide insights into the recovery time associated with and degree of rebuilding cattle herds following a drought. Regional cattle inventory responses to weather are shown to be asymmetric as drought conditions have substantial short-run impacts on inventory which are difficult to rebuild.

Suggested Citation

  • Belasco, Eric J., 2013. "The Spatio-temporal Impact of Drought on Local and Regional Feeder Cattle Inventories," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150350, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea13:150350
    DOI: 10.22004/ag.econ.150350
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    Cited by:

    1. Ge, Wei & Kinnucan, Henry, 2016. "Dynamic analysis of the livestock inventory in Inner Mongolia," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 252723, Southern Agricultural Economics Association.
    2. Janzen, Matthew G. & Riley, John Michael & Coatney, Kalyn T., 2016. "Recent Changes in Profitability Determinants for Cattle Feeders," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 230104, Southern Agricultural Economics Association.

    More about this item

    Keywords

    Environmental Economics and Policy; Livestock Production/Industries; Risk and Uncertainty;
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