Economic Comparison of Weaning and Feeding Strategies for Beef Production

Kendall Eisele, John Ritten, Christopher Bastian, Steven Paisley and Scott Lake

Journal of the ASFMRA, 2012, vol. 2012, 11

Abstract: The current market environment for corn prices place many firms involved with cattle feeding in financial distress. Producers are looking for ways to ease the burden of higher feed costs and uncertainty associated with the grain market. Some options include altering weaning dates and implementing low cost feeding strategies that only utilize high cost feedstuffs at critical life stages. Profitability comparisons are made across alternative feeding and weaning strategies using a Monte Carlo simulation replicating both input and output prices for distributions based on historical data to assess overall profitability of the alternative management strategies analyzed.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:jasfmr:190730

DOI: 10.22004/ag.econ.190730

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