ADJUSTMENTS IN A BEEF/SHEEP FARM IN RESPONSE TO THE CATTLE CYCLE: THE POTENTIAL FOR INCREASED AND MORE STABLE INCOME

Burton, Robert O., and J. Wesseh Wollo

Northeastern Journal of Agricultural and Resource Economics, 1986, vol. 15, issue 01, 8

Abstract: A dynamic (multi-period) linear programming model of a beef/sheep farm was used to evaluate the potential for increasing income and for maintaining a specified level of annual income during a cattle cycle. Results indicate that both objectives may be accomplished by adjusting animal numbers in response to changing price ratios: a higher proportion of cows should be kept during the accumulation phase of the cattle cycle, and a higher proportion of ewes should be kept during the liquidation phase.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nejare:28881

DOI: 10.22004/ag.econ.28881

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