OPTIMAL REPLACEMENT AND MANAGEMENT POLICIES FOR BEEF-COWS

Citation
Wm. Frasier et Gh. Pfeiffer, OPTIMAL REPLACEMENT AND MANAGEMENT POLICIES FOR BEEF-COWS, American journal of agricultural economics, 76(4), 1994, pp. 847-858
Citations number
32
Categorie Soggetti
Economics,"AgricultureEconomics & Policy
ISSN journal
00029092
Volume
76
Issue
4
Year of publication
1994
Pages
847 - 858
Database
ISI
SICI code
0002-9092(1994)76:4<847:ORAMPF>2.0.ZU;2-F
Abstract
Beef cow replacement studies have not reflected the interaction betwee n herd management and the culling decision. We demonstrate techniques for modeling optimal beef cow replacement intervals and discrete manag ement policies by incorporating the dynamic effects of management on f uture productivity when biological response is uncertain. Markovian de cision analysis is used to identify optimal beef cow management on a r anch typical of the Sandhills region of Nebraska. Issues of breeding s eason length, winter nutrition, and replacement are investigated. Resu lts illustrate the importance of nutrition management in the replaceme nt decision.