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Utilizing cow-calf producer information to increase profits in retained ownership of beef cattle

Author

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  • Williams, Brian R.
  • Stockton, Matthew C.

Abstract

Retained ownership has been found to be a profitable endeavor, yet many cow-calf producers choose not to retain their calves. While this paper does not directly explore the reasons producers might have for not retaining ownership, which may include uncertainty, it does explore innovative use of asymmetrical information that might reduce some of the uncertainty. Results are summarized in a regression analysis similar to a Hedonic price model where birth weight, weaning weight, and weaning age are found to be important factors to consider when selecting animals to retain.

Suggested Citation

  • Williams, Brian R. & Stockton, Matthew C., 2011. "Utilizing cow-calf producer information to increase profits in retained ownership of beef cattle," 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas 98773, Southern Agricultural Economics Association.
  • Handle: RePEc:ags:saea11:98773
    DOI: 10.22004/ag.econ.98773
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    File URL: https://ageconsearch.umn.edu/record/98773/files/SAEA%20paper%20January%2014%202011.pdf
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    References listed on IDEAS

    as
    1. Lawrence, John D. & Forristall, Cody & May, Gary, 2003. "Implications of Grid Marketing for Retained Ownership," Staff General Research Papers Archive 10196, Iowa State University, Department of Economics.
    2. Jose, Doug & Bek, Page, 2008. "2008 Nebraska Farm Custom Rates - Part I," Cornhusker Economics 306549, University of Nebraska-Lincoln, Department of Agricultural Economics.
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    Cited by:

    1. Dhoubhadel, Sunil P. & Stockton, Matthew C., 2013. "Economic Differences Among Beef Production Systems Of The Nebraska Sandhills," 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 142743, Southern Agricultural Economics Association.

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    More about this item

    Keywords

    Farm Management; Livestock Production/Industries; Production Economics;
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