RISK AND RETURNS OF SPRING AND FALL CALVING FOR BEEF CATTLE IN TENNESSEE

GAVIN W. HENRY, CHRISTOPHER N. BOYER, ANDREW P. GRIFFITH, JAMES LARSON, AARON SMITH, KAREN LEWIS
2016 Journal of Agricultural and Applied Economics  
Abstract: We determined the profitability and risk for spring- and fall-calving beef cows in Tennessee. Simulation models were developed using 19 years of data and considered the seasonality of cattle prices and feed prices for least-cost feed rations to find a distribution of net returns for spring- and fall-calving seasons for two weaning months. Fall calving was more profitable than the spring calving for all feed rations and weaning months. Fall calving was also risk preferred over spring
more » ... erred over spring calving for all levels of risk aversion. Higher calf prices at weaning were the primary factor influencing the risk efficiency of fall calving.
doi:10.1017/aae.2016.11 fatcat:wf6nr6pdrzdsnajswj6et2tusy