Beef Cattle Retained Ownership and Profitability in Tennessee

Minfeng Tang, Karen E. Lewis, Dayton M. Lambert, Andrew P. Griffith and Christopher N. Boyer

Journal of Agricultural and Applied Economics, 2017, vol. 49, issue 4

Abstract: The effect of animal characteristics and placement decisions on retained ownership profitability of Tennessee cattle from 2005 to 2015 was determined using a mixed model regression. Ex post simulation analysis examined retained ownership profitability by placement season under different animal characteristic and corn price scenarios. Regression results indicate that placement weight, placement season, days on feed, animal health, and animal sex affect retained ownership profitability. Simulation results indicate that winter placement of cattle in feedlots had the highest expected retained ownership profits. Results provide risk-averse producers information regarding the profitability of retained ownership.

Keywords: Agribusiness; Livestock Production/Industries (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:355367

DOI: 10.22004/ag.econ.355367

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