Commercial Beef Herd Replacement Strategies
Annualized cow ownership costs represent a large component of the total costs in a cow-calf enterprise, and therefore impact profitability. Annualized cow costs are determined in large part by the price or cost of that cow when it entered the herd. We find that ownership costs, and in turn cow-herd profitability, can be significantly impacted by heifer replacement strategies. Timing (within the cattle cycle) and method (raise vs. purchase) are both important considerations.
References listed on IDEAS
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- Rosen, Sherwin & Murphy, Kevin M & Scheinkman, Jose A, 1994.
Journal of Political Economy,
University of Chicago Press, vol. 102(3), pages 468-492, June.
- Sherwin Rosen & Kevin M. Murphy & Jose A. Scheinkman, 1993. "Cattle Cycles," NBER Working Papers 4403, National Bureau of Economic Research, Inc.
- Rosen, S. & Murphy, K.M. & Scheinkman, J.A., 1993. "Cattle Cycles," University of Chicago - Economics Research Center 93-2, Chicago - Economics Research Center.
- Stephen F. Hamilton & Terry L. Kastens, 2000. "Does Market Timing Contribute to the Cattle Cycle?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(1), pages 82-96.
- Pindyck, Robert S, 1973. "Optimal Policies for Economic Stabilization," Econometrica, Econometric Society, vol. 41(3), pages 529-560, May. Full references (including those not matched with items on IDEAS)
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