|
AgEcon Search >
Journal of Food Distribution Research >
Volume 33, Number 2, July 2002 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/26629
|
| Title: | IMPACTS OF PRICING POLICIES ON SELECTED FINANCIAL OUTCOMES OF THE CATTLEMEN'S TEXAS LONGHORN BEEF COOPERATIVE, INC. |
| Authors: | Falk, Constance L. |
| Issue Date: | 2002-07 |
| Abstract: | The impacts of meat pricing on selected financial results for the CattlemenÂ’'s Texas Longhorn Beef Cooperative, Inc. were investigated in a stochastic simulation model. Triangular price distributions for boxed beef and various carcasses categories were specified for each month and correlated, based on 2000 USDA carlot meat report data. Hot-carcass weights were also modeled as triangular distributions.
At 5,000 head and with meat prices 12% over USDA prices the probability of net profits before taxes (NPBT) falling below $0 was 1.3%. At 10,000 head and payments 9% over USDA prices there was an 11.8% chance of NPBT falling below $0. |
| URI: | http://purl.umn.edu/26629 |
| Institution/Association: | Journal of Food Distribution Research>Volume 33, Number 02, July 2002 |
| Total Pages: | 11 |
| Language: | English |
| From Page: | 50 |
| To Page: | 60 |
| Collections: | Volume 33, Number 2, July 2002
|
Files in This Item:
| File |
Size | Format |
|---|
| 33020050.pdf | 822Kb | PDF | View/Open |
|
Recommend this item
All items in AgEcon Search are protected by copyright.
|
