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The Wheat and Stocker Cattle Analyzer: A Microcomputer Decision Aid for Evaluating Wheat Production and Stocker Cattle Grazing Decisions

Published online by Cambridge University Press:  09 September 2016

Roger E. Ralston ,
Thomas O. Knight ,
Keith H. Coble  and
Lawrence A. Lippke
Roger E. Ralston*
Affiliation:
Texas A&M University
Thomas O. Knight
Affiliation:
Texas A&M University System
Keith H. Coble
Affiliation:
Texas A&M University System
Lawrence A. Lippke
Affiliation:
Texas A&M University System
*
Alabama Cooperative Extension Service
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Abstract

The Wheat and Stocker Cattle Analyzer is a microcomputer decision aid for evaluating interrelated wheat production and stocker cattle grazing decisions under yield, weight gain, and price uncertainty. An important feature of the model is that wheat commodity program provisions are incorporated into the analysis. A wide range of alternatives including wheat production for grain only, owned stocker cattle grazing, and wheat pasture leasing can be evaluated by the program.

Keywords

decision aidcomputer softwarerisk analysis
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 22 , Issue 1 , July 1990 , pp. 185 - 194
Copyright
Copyright © Southern Agricultural Economics Association 1990

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References

Glaser, Lewrene K. Provisions of the Food Security Act of 1985. Washington, DC: USDA ERS Agriculture Information Bulletin 498, April, 1986.Google Scholar
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King, Robert P., Black, J. Roy, Benson, Fred J., and Pavkov, Patti A.. “The Agricultural Risk Management Simulator Microcomputer Program.” So. J. Agr. Econ., 60(1988):165–171.Google Scholar
Ralston, R.E. and Knight, T.. “User's Manual for the Wheat and Stocker Cattle Grazing Evaluator Version 1.0.” Department of Agricultural Economics, Faculty Paper 89-2, Texas A&M University, January, 1989.Google Scholar
Richardson, J.W. and Nixon, C.J.. Description of FLIPSIM V: A General FirmLevel Policy Simulation Model. Texas Agricultural Experiment Station Bulletin B-1528, Texas A&M University, July, 1986.Google Scholar