Determining and Evaluating the Profitability Of Multi-Species Livestock Enterprises within West-Central Texas

Molly Butler, Sierra Howry, A. Dean Monroe and Lucas Barnett

No 162486, 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas from Southern Agricultural Economics Association

Abstract: Enterprise budgets are effective tools to estimate profits for various livestock operation scenarios. This study found that multi-species livestock enterprises are more profitable, even under moderate market variability, for west-central Texas operations. Furthermore, a survey of industry producers showed that, estimated enterprise budgets tended to underestimate actual profits.

Keywords: Farm Management; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 14
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea14:162486

DOI: 10.22004/ag.econ.162486

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