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The Role Of Market Price-Weight Relationships In Optimal Beef Cattle Management Models

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  • Buccola, Steven T.
  • Jessee, Warren B.

Abstract

Optimal beef cattle diet and rate-of-gain analyses normally ignore the relationship between the animal's market price and its weight. Theoretical and empirical models are developed to show that optimal daily weight gain tends to be less than the feasible maximum when market price per pound falls rapidly with weight increases.

Suggested Citation

  • Buccola, Steven T. & Jessee, Warren B., 1979. "The Role Of Market Price-Weight Relationships In Optimal Beef Cattle Management Models," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 278302, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea79:278302
    DOI: 10.22004/ag.econ.278302
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    File URL: https://ageconsearch.umn.edu/record/278302/files/aaea-1979-107.pdf
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    References listed on IDEAS

    as
    1. Ewen M. Wilson, 1976. "Implications of Short-Run Rising Average Productivity in Cattle Feeding," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(2), pages 305-310.
    2. Ray F. Brokken & D. A. Dinius & T. M. Hammonds & John Valpey, 1976. "Framework for Economic Analysis of Grain versus Harvested Roughage for Feedlot Cattle," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(2), pages 245-258.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    Livestock Production/Industries;

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