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Cattle feeding enterprises operate amid variability originating in prices and production. Thisresearch explicitly models yield risks related to cattle feeding by relating the mean and varianceof yield performance factors to observable conditioning variables. The results demonstratethat pen...
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This study evaluates quality, production, and price risk within the context of overall profit variability in fed cattle production. The approach used offers a flexible way to estimate a large system of equations with more than three jointly related censored outcomes. Trade-offs between quality...
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The purpose of this paper is to evaluate production risks faced by fed cattle producers. We do this by jointly modeling a group of cattle production yield risk factors using a multivariate dynamic regression model. The proposed econometric model estimates parameters that influence the mean and...
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The purpose of this study is to evaluate the risks faced by fed cattle producers. With the development of livestock insurance programs as part of the Agricultural Risk Protection Act of 2000, a thorough investigation into the probabilistic measures of individual risk factors is needed. This...
Persistent link: https://www.econbiz.de/10005801193
The purpose of this study is to evaluate the risks faced by fed cattle producers. With the development of livestock insurance programs as part of the Agricultural Risk Protection Act of 2000, a thorough investigation into the probabilistic measures of individual risk factors is needed. This...
Persistent link: https://www.econbiz.de/10009445029