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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

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