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| Clary, Gregory M.; Jordan, Johnny W.; Thompson, Carl Eugene. |
| Net present value analysis is used to derive the marginal bid price for a beef herd sire from after-tax net revenues and cash flow influenced by genetic improvements. Marginal bid price represents the additional amount a producer could pay, above the present value of the current beef herd sire, for a sire expected to exhibit superior performance as reflected by increased average weaning weights of offspring. An analysis of the profitability of purchasing a breeding bull for a commercial beef cow herd is presented as an application. Several alternative scenarios illustrate the impact of selected determinants on the marginal bid price of a bull. |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
| Ano: 1984 |
URL: http://purl.umn.edu/29739 |
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