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Integration, Risk, and Supply Response: A Simulation and Linear Programming Analysis of An East Texas Cow-Calf Producer

Published online by Cambridge University Press:  28 April 2015

Aditi K. Angirasa
Affiliation:
Department of Agricultural Economics, Texas Tech University
C. Richard Shumway
Affiliation:
Department of Agricultural Economics, Texas A&M University
T. C. Nelsen
Affiliation:
Farmers Hybrid Company, Inc., Warner, Oklahoma
T. C. Cartwright
Affiliation:
Department of Animal Science, Texas A&M University

Extract

The beef cattle industry in the Southeast is dominated by the cow-calf enterprise. Considerable discussion and research has addressed the economic potential of producers in the Southeast carrying calves longer on pasture rather than shipping them to other regions for stockering and backgrounding. Some have suggested that the region has a comparative advantage for increased grain and grass finishing of animals (Farris and Dietrich). At the firm level, the decision to retain calves must be based, among other things, on the availability of forage and on current and expected prices. The longer calves are kept, the greater the competition between cows and calves for available forage.

Type
Research Article
Copyright
Copyright © Southern Agricultural Economics Association 1981

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