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The Wheat and Stocker Cattle Analyzer: A Microcomputer Decision Aid for Evaluating Wheat Production and Stocker Cattle Grazing Decisions

  • Roger E. Ralston (a1), Thomas O. Knight (a2), Keith H. Coble (a2) and Lawrence A. Lippke (a2)

Abstract

The Wheat and Stocker Cattle Analyzer is a microcomputer decision aid for evaluating interrelated wheat production and stocker cattle grazing decisions under yield, weight gain, and price uncertainty. An important feature of the model is that wheat commodity program provisions are incorporated into the analysis. A wide range of alternatives including wheat production for grain only, owned stocker cattle grazing, and wheat pasture leasing can be evaluated by the program.

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Corresponding author

Alabama Cooperative Extension Service

References

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Glaser, Lewrene K. Provisions of the Food Security Act of 1985. Washington, DC: USDA ERS Agriculture Information Bulletin 498, April, 1986.
Huber, G.Methods for Quantifying Subjective Probabilities and Multi-Attribute Utilities.Decis. Sci. 6(July, 1974).
King, Robert P., Black, J. Roy, Benson, Fred J., and Pavkov, Patti A.. “The Agricultural Risk Management Simulator Microcomputer Program.So. J. Agr. Econ., 60(1988):165171.
Ralston, R.E. and Knight, T.. “User's Manual for the Wheat and Stocker Cattle Grazing Evaluator Version 1.0.” Department of Agricultural Economics, Faculty Paper 89-2, Texas A&M University, January, 1989.
Richardson, J.W. and Nixon, C.J.. Description of FLIPSIM V: A General FirmLevel Policy Simulation Model. Texas Agricultural Experiment Station Bulletin B-1528, Texas A&M University, July, 1986.

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