Simulated Analysis of Drought's Impact on Different Cow-Calf Production Systems

Matthew C. Stockton and Roger K. Wilson

No 34981, 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama from Southern Agricultural Economics Association

Abstract: Five representative firm level stochastic simulation models were constructed using historical production cost, cattle prices, weather information and scientifically collected production data from the Gundmendson Sandhills Laboratory operated by University of Nebraska. The five hundred iterative results indicate inclusion of crop residual grazing as a viable drought mitigation tool.

Keywords: Drought Mitigation; Firm Level; Residual Grazing; Simulation; Stochastic; Livestock Production/Industries (search for similar items in EconPapers)
Date: 2007

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Persistent link: http://EconPapers.repec.org/RePEc:ags:saeasm:34981

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