Predicting the Beef Cattle Inventory

THE NUMBER of beef cattle which beef producers plan to keep on farms is due largely to the prices they expect to receive for feeder calves or slaughter animals. In this paper simple relationships between cattle numbers and past prices are constructed to embody the latest price information available for estimating beef cattle numbers from 6 months to more than a year in advance.1 The relationships have been deliberately kept simple so that they can be used conveniently. In addition to prices used in these relationships, many other events must be examined by the forecaster to see whether they will influence the decision to keep more or fewer cattle on farms.

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Agricultural Economics Research, 17, 1
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 Record created 2017-04-01, last modified 2018-11-28

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