Economic Comparison of Weaning and Feeding Strategies for Beef Production

The current market environment for corn prices place many firms involved with cattle feeding in financial distress. Producers are looking for ways to ease the burden of higher feed costs and uncertainty associated with the grain market. Some options include altering weaning dates and implementing low cost feeding strategies that only utilize high cost feedstuffs at critical life stages. Profitability comparisons are made across alternative feeding and weaning strategies using a Monte Carlo simulation replicating both input and output prices for distributions based on historical data to assess overall profitability of the alternative management strategies analyzed.


Issue Date:
2012
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/190730
Published in:
Journal of the ASFMRA (American Society of Farm Managers and Rural Appraisers), 2012
Page range:
124-134
Total Pages:
11




 Record created 2017-04-01, last modified 2017-08-29

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