RISK RETURN SUBSTITUTIONS IN CATTLE MARKETING SYSTEMS IN ALABAMA

Authors
KOLAJO EF MARTIN NR
Citation
Ef. Kolajo et Nr. Martin, RISK RETURN SUBSTITUTIONS IN CATTLE MARKETING SYSTEMS IN ALABAMA, Agricultural systems, 46(2), 1994, pp. 157-168
Citations number
21
Categorie Soggetti
Agriculture
Journal title
Agricultural systems → ACNP
ISSN journal
0308521X
Volume
46
Issue
2
Year of publication
1994
Pages
157 - 168
Database
ISI
SICI code
0308-521X(1994)46:2<157:RRSICM>2.0.ZU;2-Q
Abstract
A MOTAD model was developed to analyze alternative scenarios of cattle production and marketing systems in Alabama. The results indicated th at forage-finishing light steers produced the optimum net return with relatively lower risk level. Greater costs relative to returns were in curred on grain-finishing all feeder cattle activities. Thus, the econ omic feasibility of finishing stockers in Alabama lies in producing fo rage-fed beef.