Risk and Return Dimensions: Cow-Calf and Grain Enterprise CombinationsReport as inadecuate




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farm management, risk management, cow-calf enterprise

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Subject-Keyword: farm management risk management cow-calf enterprise

Type of item: Report

Language: English

Place: Canada, Alberta

Time: 1979-1989

Description: The majority of calf production in Alberta occurs in conjunction with grain growing enterprises. This study hypothesized that a major reason for this occurrence is the risk reduction opportunities which arise from on farm \-portfolios\- of grain and cattle. Annual rates of return were calculated over an 11 year period 1979-1989 for a 100 head cow herd in east central Alberta, and then compared to the performance of investments in grain growing land over the same period. The returns from cow-calf production were found to be uncorrelated with the returns from investment in grain growing land. In order to improve the length of the data series, correlations were also computed between the revenue from cattle and grain production, over an 18 year period 1974-1991. Revenues from grain and cattle were similarly found to be uncorrelated with each other, leading to the conclusion that joint production of grain and cattle does, significantly, reduce the degree of risk exposure.

Date created: 1993

DOI: doi:10.7939-R37W6764S

License information: Creative Commons Attribution-Non-Commercial-No Derivatives 3.0 Unported

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Author: Bauer, Leonard Novak, Frank

Source: https://era.library.ualberta.ca/



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