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Impacts of Price Changes on Optimal Feeding Periods for Slaughter Yearlings

Published online by Cambridge University Press:  28 April 2015

D. L. McLemore  and
W. T. Butts
D. L. McLemore
Affiliation:
University of Tennessee. Knoxville
W. T. Butts
Affiliation:
Beef Cattle Breeding and Genetics, SEA. USDA, Knoxville, Tennessee
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Extract

The economic theory to be applied in optimizing feeding periods for finishing slaughter cattle is well developed both for cases in which only one group of cattle is finished and for cases in which each group of finished animals sold is replaced in the feedlot by another group of feeder animals [3, pp. 71–76; 4]. According to received theory the operator who plans to replace the finished animal with another feeder should feed to the point in time at which marginal net revenue equals average net revenue (maximizes returns to time). The operator who does not intend to replace the finished animal with another should continue feeding until marginal net revenue is zero (maximizes returns to the animal).

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 11 , Issue 2 , December 1979 , pp. 27 - 33
Copyright
Copyright © Southern Agricultural Economics Association 1979

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