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The Effects Of Feed Prices, Interest Rates And Fed Cattle Prices On Breakeven Feeder Cattle Prices: A Simulation Approach

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  • Menkhaus, Dale J.
  • Adams, Richard M.

Abstract

Using simulation, performance functions were estimated to assess the effects of rapidly changing production costs for fed cattle on feeder and fat cattle breakeven prices. From these functions response measures were calculated. They suggest inelastic relationships between production variables and breakeven prices for feeder and fat cattle.

Suggested Citation

  • Menkhaus, Dale J. & Adams, Richard M., 1981. "The Effects Of Feed Prices, Interest Rates And Fed Cattle Prices On Breakeven Feeder Cattle Prices: A Simulation Approach," 1981 Annual Meeting, July 26-29, Clemson, South Carolina 279326, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea81:279326
    DOI: 10.22004/ag.econ.279326
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    References listed on IDEAS

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    1. Harry P. Mapp & Vernon R. Eidman, 1976. "A Bioeconomic Simulation Analysis of Regulating Groundwater Irrigation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(3), pages 391-402.
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    Livestock Production/Industries;

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