THE EFFECTS OF FEED PRICES, INTEREST RATES AND FED CATTLE PRICES ON BREAKEVEN FEEDER CATTLE PRICES: A SIMULATION APPROACH

Dale J. Menkhaus and Richard M. Adams

No 279326, 1981 Annual Meeting, July 26-29, Clemson, South Carolina from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Using simulation, performance functions were estimated to assess the effects of rapidly changing production costs for fed cattle on feeder and fat cattle breakeven prices. From these functions response measures were calculated. They suggest inelastic relationships between production variables and breakeven prices for feeder and fat cattle.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Pages: 14
Date: 1981-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea81:279326

DOI: 10.22004/ag.econ.279326

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