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dc.contributor.advisorCoatney, Kalyn T.
dc.contributor.authorPoss, Madeline
dc.date.accessioned2020-07-24T20:02:46Z
dc.date.available2020-07-24T20:02:46Z
dc.identifier.urihttps://hdl.handle.net/11668/18471
dc.description.abstractFed cattle carcass characteristics on the live animal (lean and fat deposition) evolve over time directly impacting weight, quality and yield grades. Given buyer valuation is ultimately based on these characteristics’, fed cattle output value evolve as well. Fed beef is a time dependent process where input costs accrue over time. Previous dynamic profit optimization simulations for live animal transactions outperformed marketing based on a carcass end-point target from live animal evaluations. However, the profit model assumed constant live cash price and did not account for the evolution of the underlying carcass value over time. The model developed in this research extends the previous modeling framework in both directions. The opportunity costs of not accounting for carcass value are presented and are consistent regardless of the average seasonal price pattern recently observed. Though the accuracy of carcass characteristic prediction were fairly reliable, more research is needed in this area.en_US
dc.subjectThesisen_US
dc.subjectAgricultureen_US
dc.subjectEconomicsen_US
dc.subjectCattleen_US
dc.subjectAgricultural Economicsen_US
dc.titleEvolution of Fed Cattle Carcass Valueen_US
dc.typeGraduate Thesisen_US
dc.publisher.departmentDepartment of Agricultural Economicsen_US
dc.publisher.collegeCollege of Agriculture and Life Scienceen_US
dc.date.authorbirth1996-08-12
dc.subject.degreeMaster of Scienceen_US
dc.subject.majorAgricultural Economicsen_US
dc.contributor.committeeDinh, Thu
dc.contributor.committeeLittle, Randall D.
dc.contributor.committeeMaples, Joshua G.
dc.contributor.committeeRivera, Daniel J.
dc.date.defense2020-05-15
dc.date.graduation2020-08


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