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Optimal Strategies for Marketing Calves and Yearlings from Rangeland

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  • Lee Garoian
  • James W. Mjelde
  • J. Richard Conner

Abstract

Many of the problems encountered in ranching stem from the uncertainty associated with forage availability and the relatively stable forage requirements of the traditional cow-calf operation. This results in underutilization of forage during forage surpluses and costly overutilization during shortages. Smaller cow herds combined with the possibility of carrying calves over to the following spring and/or fall allows forage requirements to be manipulated in response to forage availability. Dynamic programming results suggest that smaller cow-calf-yearling operations have potential to increase expected net returns over a larger cow-calf operation.

Suggested Citation

  • Lee Garoian & James W. Mjelde & J. Richard Conner, 1990. "Optimal Strategies for Marketing Calves and Yearlings from Rangeland," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(3), pages 604-613.
    • Handle: RePEc:oup:ajagec:v:72:y:1990:i:3:p:604-613.
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    File URL: http://hdl.handle.net/10.2307/1243030
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    Citations

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    Cited by:

    1. Amadou, Zakou & Ward, Clement E. & Raper, Kellie Curry & Cook, Billy & Biermacher, Jon T., 2009. "Management Production Systems and Timing Strategies for Cull Cows," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 46593, Southern Agricultural Economics Association.
    2. Mathews, Kenneth H., Jr. & Arnade, Carlos Anthony & Jones, Keithly G., 2008. "Derived Demand for Cattle Feeding Inputs," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 26(1), pages 1-20.
    3. Tsakiridis, Andreas & Breen, James & O'Donoghue, Cathal & Hanrahan, Kevin & Wallace, Michael & Crosson, Paul, 2016. "Flexibility of beef suckler cow systems under varying calf retention strategies," 90th Annual Conference, April 4-6, 2016, Warwick University, Coventry, UK 236289, Agricultural Economics Society.
    4. Mjelde, James W. & Harris, Wesley D. & Conner, J. Richard & Schnitkey, Gary D. & Glover, Michael K. & Garoian, Lee, 1992. "Existence Of Unique Limiting Probability Vectors In Stochastic Processes With Multiple Transition Matrices," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 17(2), pages 1-11, December.
    5. Blank, Steven C. & Saitone, Tina & Sexton, Richard & Kalotia, Kabir & Forero, Larry & Nader, Glenn, 2011. "Location and distance effects on western calf and yearling prices," 2011 Annual Meeting, June 29-July 1, 2011, Banff, Alberta,Canada 291744, Western Agricultural Economics Association.
    6. Krause, Kenneth R., 1992. "The Beef Cow-Calf Industry, 1964-87: Location and Size," Agricultural Economic Reports 305706, United States Department of Agriculture, Economic Research Service.
    7. Blank, Steven C. & Saitone, Tina L. & Sexton, Richard J., 2014. "Seller-Offered Forward Contracts: An Additional Benefit to Cattle Producers from Satellite Video Auctions," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162323, Southern Agricultural Economics Association.

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