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Please use this identifier to cite or link to this item: http://purl.umn.edu/14712

Title: IDENTIFYING ECONOMIC RISK IN CATTLE FEEDING
Authors: Mark, Darrell R.
Schroeder, Ted C.
Jones, Rodney D.
Keywords: cattle finishing profitability
cattle performance
feedlot closeouts
standardized beta coefficients
Issue Date: 2000
Abstract: Closeout data from two western Kansas commercial feedlots are examined to determine how cattle prices, feed costs, and animal performance impact the variability of cattle feeding profits. The relative impacts of these factors are studied across sex, placement weight, and placement month using standardized beta coefficients. Feeder cattle prices have a greater impact on profit variability for spring and fall placements. The effect of animal performance on variability of cattle feeding profits is greater for fall placements. Results suggest that fed cattle and feeder cattle prices should be emphasized in managing the overall risk in cattle feeding because they are the largest contributors to profit variability.
URI: http://purl.umn.edu/14712
Institution/Association: Journal of Agribusiness>Volume 18, Number 3, Fall 2000
Total Pages: 14
Language: English
From Page: 331
To Page: 344
Collections:Volume 18, Number 3, Fall 2000

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