Contract Grazing on Winter Annuals: Risks and Returns for Cattle Owners
Critical factors affecting risk and profitability for cattle owners under contract grazing include cattle weight at purchase and time spent on pasture and feedlot. Buying lighter animals and placing them in pastures before sending them to feedlot is the most profitable as well as least risky option. Even in the least risky scenario, the cattle owner would still incur losses 28% of the times. The results also show a possibility that at contract-grazing rates of $0.41 per pound of gain or more, the cattle owner would place cattle directly on the feedlot, bypassing the pasture.
|Date of creation:||2011|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.saea.org/|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ags:saea11:98752. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.