1993•RePEc: Research Papers in EconomicsOpen access

Determinants of Cattle Feeding Profit and Cost of Gain Variability

Ted C. Schroeder, Martin L. Albright, Michael R. Langemeier, James Mintert, Schroeder, Ted C., Albright, Martin L., Langemeier, Michael R., Mintert, James R.

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Abstract

Cattle feeders face risks from fluctuating fed cattle, feeder cattle, and feed prices and cattle performance. Closeout data on 7293 pens of steers are studied to determine the relative impacts of prices and animal performance on cattle feeding profits and cost of gain. Results indicate the importance of managing price risk.

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Key concepts: Feeder cattle, Fed cattle, Profit (economics), Business, Agricultural science, Economics, Agricultural economics, Animal science