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Abstract
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.