Economic analysis of profitability factors in cattle feeding : modeling optimal feeding to achieve maximum profitability
Past research indicates that the profitability of a feedlot can be determined by both production and economic factors. This study seeks to evaluate specific production and economic factors in order to deduce which of these factors has the greatest impact on profitability. This study uses economic and production data from feedlots located in the West, Midwest, and Southwest United States. Results of this study indicate that economic factors such as cattle prices and feed costs have the greatest effect on profitability. It was also found that production variables including dry matter intake, dry ...
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