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This study uses farm-level data from a university feed-out program to evaluate how the value of feeder cattle ultimately realized through finishing and grid pricing differs from their market value at public auction. Results indicate that uncertainty related to feedlot performance, final carcass...
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Elasticities calculated from an econometric model of cost of gain (COG) for cattle in feedlots indicate that COG is considerably less responsive to corn price changes than breakeven budgets assume. This difference in elasticities can lead to substantial errors in COG estimates obtained from...
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Although several studies have estimated the costs of country-of-origin labeling (COOL), no previous study has documented how these costs will be distributed across the livestock sector or how producer and consumer welfare will be affected. This analysis presents an equilibrium displacement model...
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Optimal hedge ratios on feeder steers for four different locations are estimated. Simulate hedging outcomes are evaluated to determine differences in hedging risk across locations. Results indicate that location explains little of the differences in risk, though hedging risk in Georgia is...
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The accelerated depreciation laws provide more revenue in earlier years of a new asset due to shielding of taxes. The laws seem designed to encourage farmers to purchase assets more often. This paper exams the optimal purchase period for a beef cattle farm buying replacement cows. While the...
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This paper addresses the quality and value of data derived from ultrasound technology. It attempts to determine whether or not ultrasound is a strong enough predictor of beef carcass quality grade to be an economical tool used to improve the current state of the beef industry.
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