Cow-Calf Industry Expansion on the Horizon? Market Signals vs. Outside Factors
John Michael Riley and
Brian R. Williams
No 143044, 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida from Southern Agricultural Economics Association
Abstract:
The cow-calf industry has been in a contraction state since 2008 despite improved calf prices in 2010 and 2011 and what appeared to be a market signal toward expansion. Instead, 2012 and 2013 appear to be headed to two more years of contraction. We examine factors impacting a cow-calf producer’s decision on heifer retention to gain a better understanding of a producer’s decision. Results help to explain the continued decrease in the U.S. herd size despite price signals that appear to favor expansion.
Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Pages: 15
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea13:143044
DOI: 10.22004/ag.econ.143044
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