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Provedor de dados:  AgEcon
País:  United States
Título:  Cow-Calf Producer Risk Preference Impacts on Retained Ownership Strategies
Autores:  Pope, Kelsey Frasier
Schroeder, Ted C.
Langemeier, Michael R.
Herbel, Kevin L.
Data:  2011-11-16
Ano:  2011
Palavras-chave:  Cow-calf producers
Ordered probit
Retained ownership
Risk aversion
Farm Management
Marketing
Q13
C25
D18
Resumo:  Considerable efforts have been made to provide cow-calf producers with information to help them make informed decisions about adding value to calves. Despite demonstrated market incentives to retain calves, many producers still sell right after weaning. We postulate this observed behavior is related to producer risk aversion. Our study concludes risk aversion is an important factor affecting calf retention as the most risk-averse producers have more than a 60% probability of selling calves at weaning and the most risk tolerant have less than a 20% probability of selling at weaning.
Tipo:  Journal Article
Idioma:  Inglês
Identificador:  http://purl.umn.edu/117953
Relação:  Journal of Agricultural and Applied Economics>Volume 43, Number 04, November 2011
Formato:  17
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