Norman L. Dalsted

Estimation of Net Present Value of Beef Females of Various Ages and the Economic Sensitivity of Net Present Value to Changes in Production

Abstract The objective of this study was to economically evaluate the value of future production and the economic sensitivity to changes in production throughout the life of the beef female in a cow-calf production system. Production and cost data were obtained from an existing ranching operation during the 1996 production year. A Net Present Value (NPV) analysis was used to determine the value of future production. Present values for 1-, 2-, 3-, 4-, 5-, 6-, and 7-yr-old beef cows were

Identification and Management of Critical Control Points in the Cow-Calf Enterprise for Achieving and Maintaining Consistency and Low Cost of Production: Summary of Integrated Resource Management-Standardized Performance Analysis Results

786,

Measuring Financial Performance: An Overview of Financial Statements

1027,

RURAL SUPPLY COOPERATIVE CAPITAL BUDGETING DECISION CASE: FEASIBILITY STUDY OF AUXILIARY ENTERPRISES FOR A RURAL SUPPLY COOPERATIVE

1146,

An Economic Evaluation of the Effects of Synovex-C Implants on Replacement Heifers

1210,

A Fiscal Impact Model For Rural Industrialization

1171,

Measuring economic efficiency in sheep production

1088, and

Investment Analysis—Purchasing Cows and Heifers in a Strong Cattle Market

1068, respectively, with the highest residual value occurring in 4-yr-old cows. The economic sensitivity of NPV to changes in production was measured in the yearling and bred heifer analysis. This was obtained by estimating the change in NPV resulting from a 1% change in a production parameter. The change in the NPV is called a shadow price and represents the breakeven cost of changing the production parameter. The shadow prices for the yearling analysis were:

Identification and Management of Critical Control Points in the Cow-Calf Enterprise for Achieving and Maintaining Consistency and Low Cost of Production: Summary of Feedlot and Carcass Performance and Overall Economic Results1

4.30 for yearling pregnancy (YP);

SELECTED 1995 CROP ENTERPRISE BUDGETS FOR COLORADO

2.68, 2-yr-old pregnancy (2P);