Use of Forecasts in Decisionmaking: The Case of Stocker Cattle in Florida

Thomas Spreen and Carlos Arnade

Journal of Agricultural and Applied Economics, 1983, vol. 16, issue 1, 145-150

Abstract: The decision to overwinter feeder cattle hinges directly on the forecast of spring cattle prices. An analysis of price forecasts from several alternative models is presented. The models are evaluated using both the traditional mean square criterion and alternative criteria. The alternative criteria evaluate the profitability of the decision implemented based upon the forecast.

Date: 1983
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Journal Article: USE OF FORECASTS IN DECISION-MAKING: THE CASE OF STOCKER CATTLE IN FLORIDA (1984)
Working Paper: The Use of Forecasts in Decision Making: The Case of Stocker Cattle in Florida (1983)
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