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

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  • Angirasa, Aditi K.
  • Shumway, C. Richard
  • Nelsen, T. C.
  • Cartwright, T. C.

Abstract

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.

Suggested Citation

  • Angirasa, Aditi K. & Shumway, C. Richard & Nelsen, T. C. & Cartwright, T. C., 1981. "Integration, Risk, and Supply Response: A Simulation and Linear Programming Analysis of An East Texas Cow-Calf Producer," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 13(1), pages 89-98, July.
    • Handle: RePEc:cup:jagaec:v:13:y:1981:i:01:p:89-98_02
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    References listed on IDEAS

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    1. Shumway, C. R. & Bentley, Ernest, 1974. "Analysis of Innovations: Dairy and Exotic Crossbreeds for Beef Production," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 6(1), pages 235-239, July.
    2. Ospina, Enrique & Shumway, C. Richard, 1979. "Disaggregated Analysis Of Short-Run Beef Supply Response," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 4(2), pages 1-18, December.
    3. P. B. R. Hazell & P. L. Scandizzo, 1974. "Competitive Demand Structures under Risk in Agricultural Linear Programming Models," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(2), pages 235-244.
    4. K. J. Thomson & P. B. R. Hazell, 1972. "Reliability of Using the Mean Absolute Deviation to Derive Efficient E,V Farm Plans," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(3), pages 503-506.
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    1. Shumway, C. Richard, 1986. "Supply Relationships In The South - What Have We Learned?," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 18(1), pages 1-9, July.
    2. Zimet, David J. & Spreen, Thomas H., 1986. "A Target Motad Analysis of a Crop and Livestock Farm in Jefferson County, Florida," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 18(2), pages 175-186, December.

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