Author: Meghan K. Brence
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Over the past 45 years, intensive early stocking (IES) has become the preferred grazing system of cattle producers in the Flint Hills region. Intensive early stocked steers gain more per day compared to their season-long (SLS) counterparts since they are stocked at twice the normal stocking density until mid-growing season (Smith and Owensby 1978). They reported that, compared the normal season-long grazing, overall daily gains and gains per acre were increased under IES. Because of that change, we speculated that there could be a direct effect on feeder cattle prices and land values. More specifically, under IES, steers at marketing time reached more desirable weights than those produced in the SLS system. Therefore, high-quality grazing land should become more desirable than before and feeder cattle prices and land values should increase. That question has not been addressed in the literature to date. This study estimates if, and to what magnitude, the impacts IES in the Flint Hills had on feeder cattle markets and land values in the form of feeder cattle prices and county-level land values. Results show on average an increase in feeder cattle prices of $0.27/cwt per 1% increase in adoption. The Flint Hills has land values that are statistically different than two of four regions of Kansas. In those two regions, IES increased the value of land. Additionally, a survey was conducted to determine whether a producer would opt to change from their current grazing practice to IES, or IES with late season grazing (IES+LSG). Producers surveyed preferred both IES and IES+LSG systems to neither system and with constraints of average daily gain and labor costs, only average daily gain was statistically significant in their decision.
Economic Implications of Intensive Early Stocking on Feeder Cattle Markets and Land Values in the Flint Hills
Author: Meghan K. Brence
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Over the past 45 years, intensive early stocking (IES) has become the preferred grazing system of cattle producers in the Flint Hills region. Intensive early stocked steers gain more per day compared to their season-long (SLS) counterparts since they are stocked at twice the normal stocking density until mid-growing season (Smith and Owensby 1978). They reported that, compared the normal season-long grazing, overall daily gains and gains per acre were increased under IES. Because of that change, we speculated that there could be a direct effect on feeder cattle prices and land values. More specifically, under IES, steers at marketing time reached more desirable weights than those produced in the SLS system. Therefore, high-quality grazing land should become more desirable than before and feeder cattle prices and land values should increase. That question has not been addressed in the literature to date. This study estimates if, and to what magnitude, the impacts IES in the Flint Hills had on feeder cattle markets and land values in the form of feeder cattle prices and county-level land values. Results show on average an increase in feeder cattle prices of $0.27/cwt per 1% increase in adoption. The Flint Hills has land values that are statistically different than two of four regions of Kansas. In those two regions, IES increased the value of land. Additionally, a survey was conducted to determine whether a producer would opt to change from their current grazing practice to IES, or IES with late season grazing (IES+LSG). Producers surveyed preferred both IES and IES+LSG systems to neither system and with constraints of average daily gain and labor costs, only average daily gain was statistically significant in their decision.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Over the past 45 years, intensive early stocking (IES) has become the preferred grazing system of cattle producers in the Flint Hills region. Intensive early stocked steers gain more per day compared to their season-long (SLS) counterparts since they are stocked at twice the normal stocking density until mid-growing season (Smith and Owensby 1978). They reported that, compared the normal season-long grazing, overall daily gains and gains per acre were increased under IES. Because of that change, we speculated that there could be a direct effect on feeder cattle prices and land values. More specifically, under IES, steers at marketing time reached more desirable weights than those produced in the SLS system. Therefore, high-quality grazing land should become more desirable than before and feeder cattle prices and land values should increase. That question has not been addressed in the literature to date. This study estimates if, and to what magnitude, the impacts IES in the Flint Hills had on feeder cattle markets and land values in the form of feeder cattle prices and county-level land values. Results show on average an increase in feeder cattle prices of $0.27/cwt per 1% increase in adoption. The Flint Hills has land values that are statistically different than two of four regions of Kansas. In those two regions, IES increased the value of land. Additionally, a survey was conducted to determine whether a producer would opt to change from their current grazing practice to IES, or IES with late season grazing (IES+LSG). Producers surveyed preferred both IES and IES+LSG systems to neither system and with constraints of average daily gain and labor costs, only average daily gain was statistically significant in their decision.
Economic Analysis of Intensive - Early Stocking
Author: D. J. Bernardo
Publisher:
ISBN:
Category : Cattle
Languages : en
Pages : 35
Book Description
Publisher:
ISBN:
Category : Cattle
Languages : en
Pages : 35
Book Description
Bibliography of Agriculture
U.S.-Canadian Range Management, 1978-1980
Author: John F. Vallentine
Publisher: Phoenix, Ariz. : Oryx Press
ISBN:
Category : Livestock
Languages : en
Pages : 186
Book Description
Publisher: Phoenix, Ariz. : Oryx Press
ISBN:
Category : Livestock
Languages : en
Pages : 186
Book Description
Bibliography of Agriculture with Subject Index
The Stocker Steer Quandary
Author: Tevyn Baldwin
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 123
Book Description
Yearling stockers provide both ecological and economic flexibility for grazing land managers in the semiarid Western Great Plains. These cattle typically graze from spring (mid-May) to fall (September/October). For this system, decisions regarding stocking rate and marketing date have a direct impact on cattle performance and enterprise profitability. Trade-offs exist between animal weight gains and net returns. Precipitation variability and market price dynamics add another level of complexity. In this analysis we use cattle weight data from a long-term study in northeastern Colorado, and regional market price data from a 20-year period. Technically optimal, biophysical stocking rate suggests that a moderate stocking rate will yield the highest net returns. When an alternative marketing date is considered, removing cattle from pasture in August or September can yield higher net returns, depending on selected stocking rate. Attitudes towards risk impact the decision making process as well. An understanding of the regional price slide allows for anticipation of price trends and also aids in the stocking rate and marketing date decisions.
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 123
Book Description
Yearling stockers provide both ecological and economic flexibility for grazing land managers in the semiarid Western Great Plains. These cattle typically graze from spring (mid-May) to fall (September/October). For this system, decisions regarding stocking rate and marketing date have a direct impact on cattle performance and enterprise profitability. Trade-offs exist between animal weight gains and net returns. Precipitation variability and market price dynamics add another level of complexity. In this analysis we use cattle weight data from a long-term study in northeastern Colorado, and regional market price data from a 20-year period. Technically optimal, biophysical stocking rate suggests that a moderate stocking rate will yield the highest net returns. When an alternative marketing date is considered, removing cattle from pasture in August or September can yield higher net returns, depending on selected stocking rate. Attitudes towards risk impact the decision making process as well. An understanding of the regional price slide allows for anticipation of price trends and also aids in the stocking rate and marketing date decisions.
Effects of Stocking Rates on Range Vegetation and Beef Cattle Production in the Northern Great Plains
Intensive Early Stocking
U.S. Feeder Cattle Prices
Some Economic Considerations of Cash Settlement for Feeder Cattle Futures
Author: Henry M. Bahn
Publisher:
ISBN:
Category : Cattle trade
Languages : en
Pages : 18
Book Description
Publisher:
ISBN:
Category : Cattle trade
Languages : en
Pages : 18
Book Description