Date of Award
2017
Publisher
North Dakota State University
Document Type
Thesis
Degree Awarded
Master of Science (MS)
Program
Agribusiness and Applied Economics
Department
Agribusiness and Applied Economics
College
Agriculture, Food Systems and Natural Resources
Faculty Advisor
Ripplinger, David
Description
Cattle producers on the Northern Great Plains have many feedstuffs available. Feedstuffs comprise a large portion of direct costs producers face, and to be profit maximizing producers they look to minimize this cost. This is often done through linear programming utilizing average prices. However, price data for alternative feedstuffs can be scarce, and both conventional and alternative feedstuff prices can be volatile. This thesis seeks to identify a least cost ration that captures the volatility of feedstuff prices.
Recommended Citation
Helmuth, Levi, "Minimum Cost Beef Backgrounding Ration Utilizing Alternative Feedstuffs and Stochastic Prices" (2017). Agribusiness and Applied Economics. 81.
https://digitalcommons.ndsu.edu/agribusiness-applied-econ/81
Rights
NDSU policy 190.6.2
Rights Link
https://www.ndsu.edu/fileadmin/policy/190.pdf
Handle Identifier
https://hdl.handle.net/10365/28201