ADJUSTMENTS IN A BEEF/SHEEP FARM IN RESPONSE TO THE CATTLE CYCLE: THE POTENTIAL FOR INCREASED AND MORE STABLE INCOME

A dynamic (multi-period) linear programming model of a beef/sheep farm was used to evaluate the potential for increasing income and for maintaining a specified level of annual income during a cattle cycle. Results indicate that both objectives may be accomplished by adjusting animal numbers in response to changing price ratios: a higher proportion of cows should be kept during the accumulation phase of the cattle cycle, and a higher proportion of ewes should be kept during the liquidation phase.


Issue Date:
1986-04
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/28881
Published in:
Northeastern Journal of Agricultural and Resource Economics, Volume 15, Number 1
Page range:
45-52
Total Pages:
8




 Record created 2017-04-01, last modified 2017-08-24

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