THE ROLE OF MARKET PRICE-WEIGHT RELATIONSHIPS IN OPTIMAL BEEF CATTLE MANAGEMENT MODELS

Steven T. Buccola and Warren B. Jessee

No 278302, 1979 Annual Meeting, July 29-August 1, Pullman, Washington from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Optimal beef cattle diet and rate-of-gain analyses normally ignore the relationship between the animal's market price and its weight. Theoretical and empirical models are developed to show that optimal daily weight gain tends to be less than the feasible maximum when market price per pound falls rapidly with weight increases.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Pages: 16
Date: 1979-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea79:278302

DOI: 10.22004/ag.econ.278302

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