Hostname: page-component-78c5997874-8bhkd Total loading time: 0 Render date: 2024-11-13T05:02:00.633Z Has data issue: false hasContentIssue false
  • English
  • Français

Elements of Cattle Feeding Profitability in Midwest Feedlots

Published online by Cambridge University Press:  28 April 2015

John D. Lawrence ,
Zhi Wang  and
Dan Loy
John D. Lawrence
Affiliation:
Department of Economics, Iowa State University, Ames, Iowa
Zhi Wang
Affiliation:
Department of Economics, Iowa State University, Ames, Iowa
Dan Loy
Affiliation:
Department of Animal Science, Iowa State University, Ames, Iowa
Get access Rights & Permissions [Opens in a new window]

Abstract

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 Midwest where weather and lot conditions are thought to influence feedlot profitability. In addition to input and output prices and animal performance, other factors found to significantly impact cattle feeding profitability were sex, placement weight, facility design, and to a lesser extent placement season.

Keywords

cattle feedlotsprofitabilityrisk
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 31 , Issue 2 , August 1999 , pp. 349 - 357
Copyright
Copyright © Southern Agricultural Economics Association 1999

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Belsley, D.Regression Diagnostics: Identifying Influential Data and Sources of Collinearity. New York: Wiley, 1980.CrossRefGoogle Scholar
Burt, O.R. and Finley, R.M.. “Statistical Analysis of Identities in Random Variables.” American Journal of Agricultural Economics 50(1968): 733–744.CrossRefGoogle Scholar
Cattle-Fax. “Cattle Industry Economics.” Denver, Colorado, 1998.Google Scholar
Greene, W.H.Econometric Analysis,” 2nd edition, Chapter 9. Prentice-Hall, 1993.Google Scholar
Iowa State University Extension. “Estimated Returns to Finishing Medium No. 1 Yearling Steers” M-1284a, various issues. Iowa State University Extension, Ames, Iowa.Google Scholar
Langemeier, M.R., Schroeder, T.C., and Mintert, J.. “Determinants of Cattle Finishing Profitability.” Southern Journal of Agricultural Economics 24(1992):41–48.Google Scholar
Schroeder, T.C., et al. “Factors Affecting Cattle Feeding Profitability.” Journal of American Society of Farm Managers and Rural Appraisers 57:1(May 1993).Google Scholar
USDA-AMS. Livestock, Meat and Wool, various issues.Google Scholar