THE DYNAMICS OF FEEDER CATTLE MARKET RESPONSES TO CORN PRICE CHANGE

John Anderson and James N. Trapp

Journal of Agricultural and Applied Economics, 2000, vol. 32, issue 3, 13

Abstract: A feeder-calf price model is estimated which incorporates elements of break-even budget analysis, including estimates of placement weights, slaughter weights, ration cost, and feed-conversion rates. From this model, a corn price multiplier is calculated which quantifies the corn/feeder-calf price relationship. Because the multiplier includes information on cattle weight, feed conversion, and ration cost, it also provides insight into how feeding programs are altered in response to corn price changes. Changes in feeding programs which occur in response to corn price changes are illustrated with dynamic simulation based on weight, ration cost, and price models presented here.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 2000
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)

Downloads: (external link)
https://ageconsearch.umn.edu/record/15311/files/32030493.pdf (application/pdf)

Related works:
Journal Article: The Dynamics of Feeder Cattle Market Responses to Corn Price Change (2000)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:15311

DOI: 10.22004/ag.econ.15311

Access Statistics for this article

More articles in Journal of Agricultural and Applied Economics from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search (aesearch@umn.edu).