Benefit-Cost Analysis of Equipment Purchases for Calf Health Management

Hallie M. Barnes, Kellie Raper and Rodney Jones

Journal of the ASFMRA, 2023, vol. 2023

Abstract: Lack of access to cattle handling equipment is sometimes cited as a hindrance to cowcalf producer adoption of recommended calf management practices, although those practices are shown to add market value to calves. We measure correlations between equipment access and adoption along with implementing partial budget analysis to calculate break-evens of equipment purchases for specific practice implementation. Break-even measures are calculated in number of head and in years for cash- and loan-based purchases across different operation sizes. This is a first step toward quantifying the benefit-cost relationship of cattle handling equipment with calf management practice adoption.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jasfmr:342888

DOI: 10.22004/ag.econ.342888

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