An economic analysis of season-long and intensive-early grazing systems on a northeast Kansas representative farm

Department: Agricultural Economics

A COMPARISON OF CATTLE FEEDING PROFIT VARIANCE INDICATED BY PRIVATE VERSUS PUBLIC DATA

The variance of net profits calculated from USDA fixed coefficient budgets and from industry variable production coefficient pen closeout data were found to be equal. The industry variance was not higher because the variations of the prices and quantities whose products form the components of net profit are negatively correlated