The effect of calving season on economic risk and return in cow-calf operations in western Canada
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Date
2012-08-24
Authors
Sirski, Tanis
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Abstract
Cow-calf producers in western Canada are faced with many decisions throughout the
production cycle. The choice of calving time impacts production rate, marketability
of calves, income and expenses and net revenue. The purpose of this study was to
determine whether June calving could increase net revenues and be a preferred choice
across different risk aversion levels over March calving in western Canada. Data for
this study were taken from a study carried out by Iwaasa et al. (2009), who collected
information from three sites; Brandon, MB, Lanigan, SK and Swift Current SK.
Stochastic budgets and a simulation model were used to study the economic impact of
calving time. In Brandon and Lanigan, It was found that June calving increased net
income and was the dominant alternative across all levels of risk aversion, and in
Swift Current, June dominated at high-risk aversion levels.
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Keywords
Risk, Cow-calf, Stochastic simulation, Calving