A Stochastic Dominance Analysis of Contract Grazing Feeder Cattle

Frank Johnson, Thomas Spreen and Timothy Hewitt

Journal of Agricultural and Applied Economics, 1987, vol. 19, issue 2, 11-19

Abstract: Contract grazing feeder cattle is an arrangement where cattle owned by one party graze forage produced on land owned by another party. The forage producer is paid a fixed price per pound gained. Stochastic dominance analysis is used to compare contract grazing and the more traditional system in which the same individual owns both the cattle and land.

Date: 1987
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Journal Article: A STOCHASTIC DOMINANCE ANALYSIS OF CONTRACT GRAZING FEEDER CATTLE (1987)
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