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A STOCHASTIC DOMINANCE ANALYSIS OF CONTRACT GRAZING FEEDER CATTLE AgEcon
Johnson, Frank; Spreen, Thomas H.; Hewitt, Timothy D..
Contract grazing feeder cattle is an arrangement where cattle owned by one party graze forage produced on land owned by another party. The forage producer is paid a fixed price per pound gained. Stochastic dominance analysis is used to compare contract grazing and the more traditional system in which the same individual owns both the cattle and land.
Tipo: Journal Article Palavras-chave: Livestock Production/Industries.
Ano: 1987 URL: http://purl.umn.edu/30218
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Comparing the Risks and Returns of Alternative Price Risk Management Strategies for Southeastern Feeder Cattle Production AgEcon
Nardi, Matias G.; Davis, Todd D.; Lacy, Curt; Prevatt, J. Walter; Hewitt, Timothy D..
A non-parametric simulation model incorporating price risk determined gross revenue less risk management costs for cow-calf, winter stockering, and retained ownership scenarios for cattle producers in the Southeast. Risk management scenarios simulated hedging with commodity futures and purchasing at-the-money put options at alternative dates prior to the expected sales date.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries; Risk and Uncertainty.
Ano: 2006 URL: http://purl.umn.edu/35457
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