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Cow-Calf Industry Expansion on the Horizon? Market Signals vs. Outside Factors

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  • Riley, John Michael
  • Williams, Brian R.

Abstract

The cow-calf industry has been in a contraction state since 2008 despite improved calf prices in 2010 and 2011 and what appeared to be a market signal toward expansion. Instead, 2012 and 2013 appear to be headed to two more years of contraction. We examine factors impacting a cow-calf producer’s decision on heifer retention to gain a better understanding of a producer’s decision. Results help to explain the continued decrease in the U.S. herd size despite price signals that appear to favor expansion.

Suggested Citation

  • Riley, John Michael & Williams, Brian R., 2013. "Cow-Calf Industry Expansion on the Horizon? Market Signals vs. Outside Factors," 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 143044, Southern Agricultural Economics Association.
  • Handle: RePEc:ags:saea13:143044
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    1. Zhao, Huan & Hennessy, David A., 2009. "Rationalizing Time Series Differences Between Cow-Calf And Feeder Returns," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49486, Agricultural and Applied Economics Association.
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    12. John D. Schmitz, 1997. "Dynamics of Beef Cow Herd Size: An Inventory Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(2), pages 532-542.
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    Keywords

    Heifer retention; beef production; Cattle herd expansion; Livestock Production/Industries;

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