Comparing Carcass End-Point and Profit Maximization Decision Rules Using Dynamic Nonlinear Growth Functions

Josh Maples, Kalyn Coatney (), John Michael Riley, Brandi B. Karisch, Jane A. Parish and Rhonda C. Vann

No 162487, 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas from Southern Agricultural Economics Association

Abstract: We develop a practical methodology for producers to estimate the optimal harvest time of live animals. We incorporate nonlinear dynamic growth functions into the producer’s objective function. Currently, the cattle industry objective is to produce a constant carcass end-point quality. We find significant increases in profitability using our methodology.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Pages: 22
Date: 2014
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https://ageconsearch.umn.edu/record/162487/files/SAEA_Maples%20et%20al..pdf (application/pdf)

Related works:
Journal Article: COMPARING CARCASS END-POINT AND PROFIT MAXIMIZATION DECISION RULES USING DYNAMIC NONLINEAR GROWTH FUNCTIONS (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea14:162487

DOI: 10.22004/ag.econ.162487

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