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Benefit-Cost Analysis of Equipment Purchases for Calf Health Management

Author

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  • Barnes, Hallie M.
  • Raper, Kellie Curry
  • Jones, Rodney

Abstract

Lack of access to cattle handling equipment is sometimes cited as a hindrance to cowcalf producer adoption of recommended calf management practices, although those practices are shown to add market value to calves. We measure correlations between equipment access and adoption along with implementing partial budget analysis to calculate break-evens of equipment purchases for specific practice implementation. Break-even measures are calculated in number of head and in years for cash- and loan-based purchases across different operation sizes. This is a first step toward quantifying the benefit-cost relationship of cattle handling equipment with calf management practice adoption.

Suggested Citation

  • Barnes, Hallie M. & Raper, Kellie Curry & Jones, Rodney, 2023. "Benefit-Cost Analysis of Equipment Purchases for Calf Health Management," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2023, January.
    • Handle: RePEc:ags:jasfmr:342888
    DOI: 10.22004/ag.econ.342888
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    References listed on IDEAS

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    1. Bulut, Harun & Lawrence, John D., 2007. "The Value of Third-Party Certification of Preconditioning Claims at Iowa Feeder Cattle Auctions," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 39(3), pages 625-640, December.
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