Lawrence, John D.; Wang, Zhi; Loy, Daniel D. - In: Journal of Agricultural and Applied Economics 31 (1999) 02
Conventional wisdom and earlier research have concluded that cattle feeding profitability is more determined by feeder and fed cattle prices than by animal performance. This study examined cross-sectional and time-series data from over 1600 pens of cattle in more than 220 feedlots in the upper...