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Elements of Cattle Feeding Profitability in Midwest Feedlots

Published online by Cambridge University Press:  28 April 2015

John D. Lawrence ,
Zhi Wang  and
Dan Loy
John D. Lawrence
Affiliation:
Department of Economics, Iowa State University, Ames, Iowa
Zhi Wang
Affiliation:
Department of Economics, Iowa State University, Ames, Iowa
Dan Loy
Affiliation:
Department of Animal Science, Iowa State University, Ames, Iowa
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Abstract

Conventional wisdom and earlier research have concluded that cattle feeding profitability is more determined by feeder and fed cattle prices than by animal performance. This study examined cross-sectional and time-series data from over 1600 pens of cattle in more than 220 feedlots in the upper Midwest where weather and lot conditions are thought to influence feedlot profitability. In addition to input and output prices and animal performance, other factors found to significantly impact cattle feeding profitability were sex, placement weight, facility design, and to a lesser extent placement season.

Keywords

cattle feedlotsprofitabilityrisk
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 31 , Issue 2 , August 1999 , pp. 349 - 357
Copyright
Copyright © Southern Agricultural Economics Association 1999

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