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Analyzing risk in livestock enterprises: the risk rated livestock budget

Analyzing risk in livestock enterprises: the risk rated livestock budget

Computers in agricultural extension programs Proceedings of the 4th international conference 28-31 January 1992, Orlando, Florida: 330-335

A set of 18 beef, pig and sheep enterprise budgets have been developed with the capability of estimating net return distributions. Users specify five risk rated expectations (from worst to best) for production and price outcomes which are used to calculate the net return distributions when combined with the user's production cost estimates. The probability of user defined levels of profit can be calculated and graphed.

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Accession: 002301181

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