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Please use this identifier to cite or link to this item: http://purl.umn.edu/36538

Title: DERIVATION AND OPTIMIZATION OF A STOCHASTIC LIVESTOCK WEIGHT GAIN RESPONSE TO STOCKING DENSITY MODEL
Authors: Kaitibie, Simeon
Epplin, Francis M.
Brorsen, B. Wade
Horn, Gerald W.
Krenzer, Eugene G., Jr.
Paisley, Steven I.
Authors (Email): Kaitibie, Simeon (skaitibi@yahoo.com)
Epplin, Francis M. (epplin@okstate.edu)
Brorsen, B. Wade (brorsen@okstate.edu)
Horn, Gerald W. (horngw@okstate.edu)
Krenzer, Eugene G., Jr. (ekrenze@okstate.edu)
Paisley, Steven I. (spaisley@uwyo.edu)
Issue Date: 2002
Series/Report no.: Selected Paper of the 2002 Annual Meeting, July 28-31, 2002, Long Beach, California
Abstract: Dual-purpose winter wheat production is an important economic enterprise in the southern Great Plains of the United States. Because of the complex interactions involved in producing wheat grain and beef gain from a single crop, stocking density is an important decision. The objective of the research is to determine the stocking density that maximizes expected net returns from dual-purpose winter wheat production. Statistical tests rejected a conventional linear-response plateau function in favor of a linear-response stochastic plateau function. The optimal stocking density of 1.48 steers per hectare (0.60 steers per acre) is 19% greater with a stochastic plateau than with a nonstochastic one.
URI: http://purl.umn.edu/36538
Institution/Association: Western Agricultural Economics Association>2002 Annual Meeting, July 28-31, 2002, Long Beach, California
Total Pages: 26
Language: English
Collections:2002 Annual Meeting, July 28-31, 2002, Long Beach, California

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