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TO CONTRACT OR NOT TO CONTRACT? A DECISION THEORY AND PORTFOLIO ANALYSIS OF CATTLE CONTRACT GRAZING AgEcon
Teegerstrom, Trent; D'Souza, Gerard E.; Osborne, Phillip; Jones, Kezelee Q..
Contract grazing is compared with retained ownership of cattle using two frameworks-decision theory and portfolio analysis. The study area is West Virginia. Contracting is optimal under a wide range of price and weather scenarios and decision criteria. It also dominates other alternatives based on labor efficiency measures. The optimal portfolio consists of contract grazing and pasture rental, with the results insensitive to small changes in contract grazing returns. The decision theory and portfolio analyses are complementary; together, the two sets of results provide a comprehensive view of the optimal production alternative. Because different agents employ different decision criteria, this approach can increase the utility of results to decision...
Tipo: Journal Article Palavras-chave: Livestock Production/Industries.
Ano: 1997 URL: http://purl.umn.edu/31566
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A New Look at the Agricultural Community as Extension Clientele in the West AgEcon
Tranel, Jeffrey E.; Hewlett, John P.; Weigel, Randolph R.; Rahman, Tauhidur; Teegerstrom, Trent; Ehmke, Cole.
This report presents the preliminary results of a statistically valid 2006 survey of small agricultural producers (sales of less than $50,000) in three Western states (Wyoming, Colorado and Arizona). The West has undergone significant change, and the composition of farm managers has changed with it. This report provides information from farm operators in the rural West on their perceived threats as well as characteristics of themselves and their operations. Topics of interest were demographics, reasons for involvement in agriculture, income, resource management (crops and livestock), and preferences for information delivery. The project was supported by the Western Center for Risk Management Education.
Tipo: Report Palavras-chave: Small farm; Extension; West; Arizona; Colorado; Wyoming; Community/Rural/Urban Development; Crop Production/Industries; Farm Management; Labor and Human Capital; Land Economics/Use; Livestock Production/Industries; Teaching/Communication/Extension/Profession.
Ano: 2008 URL: http://purl.umn.edu/37721
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MANAGING HERD COMPOSITION OF RANGE CATTLE: SALE WEIGHT AND SEASONAL FACTORS AgEcon
Tronstad, Russell; Teegerstrom, Trent.
We estimate the weight gain for range calves as a polynomial function of calf age accounting for weather, sex, lagged calf weights relative to the growth function, and compensatory gains. Birth weights plus single day weighings that occurred around 3, 8, 12, and 20 months of age are the data used to estimate our growth function. This function is then used to determine the economic trade-off between herd size and calf sale weights, for both spring and fall sale dates. In addition, we evaluate the profitability of feeding supplement by increasing the rate of gain associated with our growth function when forage and nutrients are limiting for the two grazing environments of Southeast and Central Arizona. Using prices from 1980 to 1998, results indicate that...
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 2001 URL: http://purl.umn.edu/36058
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Who Are Today’s Farmers and What are Their Educational Needs? AgEcon
Tranel, Jeffrey E.; Rahman, Rahman; Hewlett, John P.; Weigel, Randolph R.; Teegerstrom, Trent; Ehmke, Cole.
Tipo: Journal Article Palavras-chave: Labor and Human Capital; Teaching/Communication/Extension/Profession.
Ano: 2008 URL: http://purl.umn.edu/92855
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