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Long Term Financial Impacts of Drought Management Strategies

Author

Listed:
  • Young, Mac
  • Kaase, Greg H.
  • Klose, Steven L.
  • Paschal, Joe C.
  • Hanselka, Wayne

Abstract

This paper analyzes the financial implications of drought management strategies for a model ranch in South Texas. The 2006 drought that affected Texas livestock producers left many cattlemen asking the age old question, "Should I cull to reduce my herd size or purchase feed to maintain my current herd".

Suggested Citation

  • Young, Mac & Kaase, Greg H. & Klose, Steven L. & Paschal, Joe C. & Hanselka, Wayne, 2007. "Long Term Financial Impacts of Drought Management Strategies," 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama 34903, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeasm:34903
    DOI: 10.22004/ag.econ.34903
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    File URL: https://ageconsearch.umn.edu/record/34903/files/sp07ka03.pdf
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    References listed on IDEAS

    as
    1. Kaase, Greg H. & McCorkle, Dean A. & Klose, Steven L. & Outlaw, Joe L. & Anderson, David P. & Knapek, George M., 2003. "Business Success: What Factors Really Matter?," 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama 35173, Southern Agricultural Economics Association.
    2. Klose, Steven L. & Outlaw, Joe L., 2005. "Financial and Risk Management Assistance: Decision Support for Agriculture," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 37(2), pages 1-10, August.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    Livestock Production/Industries;

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