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Fed cattle profitability is determined by complicated dynamic processes of body growth, carcass development, and seasonal prices. A structural model is constructed to contend with all these dynamic processes to predict optimal market timing. Informed simulations are conducted and compared to those observed in the data, as well as to a previous model ignoring the evolution of carcass value. The results indicate that significant improvements to profitability are attainable with the new method.
Ph.D. Candidate, Dept. of Civil, Architectural, and Environmental Engineering, Missouri Univ. of Science and Technology, 326 Butler-Carlton Hall,1401 N. Pine St., Rolla, MO 65401. Email: Islam H. El-adaway, F.ASCE Hurst-McCarthy Professor of Construction Engineering and Management, Professor of Civil Engineering, and Founding Director of Missouri Consortium of Construction Innovation, Dept. of Civil, Architectural, and Environmental Engineering/Dept.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
