Belasco, Eric J.; Taylor, Mykel R.; Goodwin, Barry K.; … - In: Journal of Agricultural and Applied Economics 41 (2009) 01
Cattle feeding enterprises operate amid variability originating in prices and production. This research explicitly … models yield risks related to cattle feeding by relating the mean and variance of yield performance factors to observable …, mortality, and animal health costs. Ex ante profit distributions, conditional on cattle placement characteristics, are derived …