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Optimal Stocker Production Strategies for Spring and Fall Calving Cow Herd

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  • Key, Cora
  • Boyer, Christopher N.
  • Martinez, Charles C.
  • Mason, Katie M.

Abstract

We determine optimal stocker strategies based on calving season, herd size, and the number of days of retention before marketing weaned calves. We estimate a hedonic pricing model for feeder cattle and incorporate this into a simulation model that considers the variability of cattle prices and feed costs. The profit and utility-maximizing decision for fall calving herd would be to retain weaned calves for 150-day postweaning. The producer marketing spring-born calves would prefer to sell these calves at weaning. The results are being utilized by extension to aid cattle producers in reducing their feed costs and increasing their profits.

Suggested Citation

  • Key, Cora & Boyer, Christopher N. & Martinez, Charles C. & Mason, Katie M., 2023. "Optimal Stocker Production Strategies for Spring and Fall Calving Cow Herd," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 55(1), pages 57-71, February.
    • Handle: RePEc:cup:jagaec:v:55:y:2023:i:1:p:57-71_4
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