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Registros recuperados: 16
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Estimating the Economic Value of Specific Characteristics Associated with Angus Bulls Sold at Auction AgEcon
Jones, Rodney D.; Turner, Tyler; Dhuyvetter, Kevin C.; Marsh, Thomas L..
The genetic traits of a purebred bull convey the reproductive and economic value to buyers. This study examines and compares the value of actual production weights (birth, weaning, and yearling weight), production expected progeny differences (EPDs) (birth, weaning, milk, and yearling), and ultrasound EPDs (carcass quality predictors) for purebred Angus bulls sold at auction. One EPD, birth weight, was valued by buyers more than its corresponding actual weight, though both actual weights and EPDs significantly impact price. Predictors of carcass quality were important in determining price. Finally, several individual animal factors and sale characteristics were significant in determining price.
Tipo: Journal Article Palavras-chave: Angus bulls; Carcass characteristics; EPDs; Marketing factors; Production factors; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Food Consumption/Nutrition/Food Safety; Livestock Production/Industries; Q10; Q12.
Ano: 2008 URL: http://purl.umn.edu/45528
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Competition, Bargaining Power, and the Cattle Cycle AgEcon
Crespi, John M.; Xia, Tian; Jones, Rodney D..
Cattle production follows a dynamic cycle that has often been analyzed, and cattle markets receive much scrutiny because of the potential for buyer market power. The relationship between the two has been little studied, however. This paper provides a simple conceptual framework to study how the cattle cycle and market concentration jointly affect the bargaining power of producers and packers yielding the following main results. Not surprisingly, a larger cattle stock reduces producers' bargaining position, which results in a lower fed cattle price. More importantly, however, the cattle stock's negative effect on price is magnified by the market concentration in beef packing. Thus, the cycle itself is very importantly related to a posited cycle of...
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/6263
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EFFECTS OF JOINT PRODUCT MANAGEMENT STRATEGIES ON E.COLI 0157:H7 AND FEEDLOT PROFITS AgEcon
Perry, William R.; Marsh, Thomas L.; Jones, Rodney D.; Sanderson, M.W.; Sargeant, J.M.; Griffin, D.D.; Smith, R.A..
The objective of this study was to determine the effect of Escherichia coli 0157:H7 on feedlot profits. Fecal samples from 711 feedlot pens in 73 feedlots in Nebraska, Kansas, Oklahoma, and Texas were tested for E. coli 0157:H7. Average daily gain and feed-to-gain ratios were computed for each feedlot pen, and managers from each feedlot provided information on various feedlot management practices. Cattle performance and E. coli 0157:H7 prevalence are both affected by feedlot management practices. The indirect effect of E. coli 0157:H7 on potential feedlot profits was determined by measuring the effects of management practices on E. coli 0157:H7 levels and cattle performance. Management practices that affect cattle performance were identified using...
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/36226
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Cost Efficiency Estimates for a Sample of Crop and Beef Farms AgEcon
Langemeier, Michael R.; Jones, Rodney D..
This paper examines the impact of specialization on the cost efficiency of a sample of crop and beef farms in Kansas. The economic total expense ratio was used to measure cost efficiency. The relationship between the economic total expense ratio and specialization was not significant.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2005 URL: http://purl.umn.edu/35509
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THE IMPACTS OF QUALITY ON CASH FED CATTLE PRICES AgEcon
Jones, Rodney D.; Schroeder, Ted C.; Mintert, James R.; Brazle, Frank.
Quality factors affecting fed cattle prices were examined during a six-month period in southwestern Kansas. Transaction prices were significantly affected by the percentage of cattle expected to grade choice times the choice-to-select carcass price spread, finish uniformity, average weight, dressing percentage, breed, number of cattle purchased by a single packer on a given day, the packer, the feedyard, the day-of-the-week the cattle were sold, and the number of bids received. Asking prices were significantly affected by many of the same factors. Asking and transaction prices reflected approximately 25 percent of the packer value differentials for expected carcass quality grades.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1992 URL: http://purl.umn.edu/29636
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FACTORS INFLUENCING OPTIMAL STOCKING RATES FROM A TENANT PERSPECTIVE AgEcon
May, Gary J.; Jones, Rodney D.; Langemeier, Michael R.; Dhuyvetter, Kevin C..
The terms of grazing lease contracts potentially influence the tenant’s incentive to preserve the vegetation resource. Annual stocking rate decisions dictate the degree of overgrazing, which can be cumulative over long periods of time. The objective of this study is to identify the impact the tenant’s planning horizon and cost structure specified in the lease contract has on his/her profit-maximizing stocking rate. A multi-period nonlinear programming model was developed to identify economically optimal stocking rates each year over a 24-year period. The model was solved under 1-, 4-, 8-, and 12-year leases on a “per acre” and “per head” basis. The relative importance of each lease alternative and input variable on the tenant’s optimal stocking rate was...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy; Land Economics/Use.
Ano: 2001 URL: http://purl.umn.edu/16632
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INFLUENCE OF LAND TENURE ARRANGEMENTS ON GRAZING MANAGEMENT INCENTIVES AgEcon
May, Gary J.; Jones, Rodney D.; Langemeier, Michael R.; Dhuyvetter, Kevin C..
Tipo: Conference Paper or Presentation Palavras-chave: Land Economics/Use; Livestock Production/Industries.
Ano: 2000 URL: http://purl.umn.edu/36442
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FUTURES-BASED PRICE FORECASTS FOR AGRICULTURAL PRODUCERS AND BUSINESSES AgEcon
Kastens, Terry L.; Jones, Rodney D.; Schroeder, Ted C..
The forecasting accuracy of five competing naïve and futures-based localized cash price forecasts is determined. The third-week's price each month from 1987-96 is forecasted from several vantage points. Commodities examine include those relevant to Midwest producers: the major grains, slaughter steers, slaughter hogs, several classes of feeder cattle, cull cows, and sows. Relative forecasting accuracy across forecast method is compared using regression models of forecast error. The traditional forecast method deferred futures plus historical basis has the greatest accuracy- even for cull cows. Adding complexity to forecasts, such as including regression models to capture nonlinear bases or biases in futures markets, does not improve accuracy.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1998 URL: http://purl.umn.edu/31187
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PREDICTING FEEDING COST OF GAIN WITH MORE PRECISION AgEcon
Jones, Rodney D.; Kastens, Terry L..
Costs during the feeding period, commonly summarized as "feeding cost of gain", are primary determinants of cattle feeding profits. This study provides a method of generalizing information available at placement time into a suitable feeding cost of gain prediction, so that feeders and ranchers can make more informed placement decisions.
Tipo: Conference Paper or Presentation Palavras-chave: Cattle-Feeding; Feeding-Cost-Of-Gain; Industrial Organization; Livestock Production/Industries.
Ano: 1999 URL: http://purl.umn.edu/21506
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Using Distance Education in Extension Programming AgEcon
Jones, Rodney D.; Goheen, Alicia; Dhuyvetter, Kevin C.; Kastens, Terry L.; Amanor-Boadu, Vincent.
This paper provides an overview of the development of the Management Analysis and Strategic Thinking (MAST) program conducted by Kansas State University. This intensive management training course for progressive farm and agribusiness operators is being delivered successfully using a combination of face-to-face and distance extension delivery techniques. We find that some parts of the program are best delivered face to face and other parts are best delivered via distance. Of participants surveyed, 94% would recommend the MAST program to their peers, and 100% believe the program will have a positive impact on their businesses' bottom line.
Tipo: Journal Article Palavras-chave: Distance learning; Education; Extension; Management; Teaching/Communication/Extension/Profession; A20; A29; Q16; Q12; Q19.
Ano: 2007 URL: http://purl.umn.edu/6559
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The Economics of Selling Crop Residue Biomass for Cellulosic Ethanol Production at the Farm Level AgEcon
O'Brien, Daniel M.; Dumler, Troy J.; Jones, Rodney D..
A partial budget decision making framework has been developed to assist crop producers in analyzing the profitability of selling cellulosic biomass from their fields for ethanol production. A multidisciplinary approach is taken in assessing the agronomic and economic factors relevant to biomass contract sales decisions – with direct application made to western Great Plains cropping systems and enterprises. Within this framework the benefits of increased revenue from cellulosic biomass contract sales and potential government assistance payments are considered against possible decreased revenue from diminished crop yields resulting from less crop residue cover and subsequent soil moisture evaporation. Increased biomass harvesting and handling are also...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/61649
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IDENTIFYING ECONOMIC RISK IN CATTLE FEEDING AgEcon
Mark, Darrell R.; Schroeder, Ted C.; Jones, Rodney D..
Closeout data from two western Kansas commercial feedlots are examined to determine how cattle prices, feed costs, and animal performance impact the variability of cattle feeding profits. The relative impacts of these factors are studied across sex, placement weight, and placement month using standardized beta coefficients. Feeder cattle prices have a greater impact on profit variability for spring and fall placements. The effect of animal performance on variability of cattle feeding profits is greater for fall placements. Results suggest that fed cattle and feeder cattle prices should be emphasized in managing the overall risk in cattle feeding because they are the largest contributors to profit variability.
Tipo: Journal Article Palavras-chave: Cattle finishing profitability; Cattle performance; Feedlot closeouts; Standardized beta coefficients; Livestock Production/Industries.
Ano: 2000 URL: http://purl.umn.edu/14712
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BOOK REVIEW: Czech Conroy. Participatory Livestock Research: A Guide. AgEcon
Jones, Rodney D..
Tipo: Journal Article Palavras-chave: Livestock Production/Industries; Productivity Analysis.
Ano: 2006 URL: http://purl.umn.edu/57707
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ESTIMATING THE ECONOMIC VALUES ASSOCIATED WITH EPDS FOR ANGUS BULLS AT AUCTION AgEcon
Turner, Tyler; Dhuyvetter, Kevin C.; Marsh, Thomas L.; Jones, Rodney D..
The genetic traits that an Angus bull possesses convey the reproductive and economic value of the animal to potential buyers. This paper examines and draws comparisons between the value of actual production weights and production EPDs, while also establishing values for ultrasound EPDs. Results indicate that only one EPD, birth weight, was valued by buyers more than its corresponding actual weight, though actual weights and EPDs significantly impacted price. Ultrasound EPDs were also found to be significant, suggesting buyers of Angus bulls consider carcass information when purchasing bulls.
Tipo: Conference Paper or Presentation Palavras-chave: Angus Bulls; Birth Weight; Carcass; EPDs; Hedonic Model; Livestock Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/36193
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Measuring the Productivity of Cattle Finishing AgEcon
Langemeier, Michael R.; Jones, Rodney D..
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries; Productivity Analysis.
Ano: 1997 URL: http://purl.umn.edu/35813
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COMMERCIAL BEEF HERD REPLACEMENT STRATEGIES AgEcon
Fanning, Jasper; Marsh, Thomas L.; Jones, Rodney D..
Annualized cow ownership costs represent a large component of the total costs in a cow-calf enterprise, and therefore impact profitability. Annualized cow costs are determined in large part by the price or cost of that cow when it entered the herd. We find that ownership costs, and in turn cow-herd profitability, can be significantly impacted by heifer replacement strategies. Timing (within the cattle cycle) and method (raise vs. purchase) are both important considerations.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 2001 URL: http://purl.umn.edu/36064
Registros recuperados: 16
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