Retained Ownership: Simulation and Financial Analyses Model

White, T. Fred, and David Chesnick

No 313517, Service Reports (SR) from United States Department of Agriculture, Rural Development

Abstract: Retained ownership (RO) is the process of maintaining ownership while production is continued by another producer. This technique is currently being used by many cattle producers. Cattle producers can gain expertise and economies of size and scale by using RO. As individual producers and fed cattle purchasers use greater volumes of cattle, RO also serves as a means for the small cattle producer to remain competitive. Cooperative organization is well suited to the employment of this production and marketing alternative. A simulation model has been developed which enables the analyses of cooperative retained ownership. The model requires some production data to be input according to expected performance. Performance is simulated and results are produced in tabular form. The analyses performed by the model yield inventory flow analyses as well as financial statements for 1 fiscal year with data presented on a quarterly basis.

Keywords: Agribusiness; Farm Management; Livestock Production/Industries; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 50
Date: 1993-04
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Persistent link: https://EconPapers.repec.org/RePEc:ags:urdvsr:313517

DOI: 10.22004/ag.econ.313517

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