文章基本信息

标题：STOCKER CATTLE OWNERSHIP VS. CONTRACT GRAZING: A COMPARISON OF RISK-ADJUSTED RETURNS
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作者：Anderson, John D. ; Lacy, Curt ; Forrest, Charlie S. 等
期刊名称：Journal of Agribusiness
印刷版ISSN：0738-8950
出版年度：2003
期号：suppl
出版社：Journal of Agribusiness
摘要：Stocker cattle ownership is compared to contract grazing using stochastic simulation. Returns are evaluated for both cattle owners and caretakers in contract grazing agreements. For caretakers, contract grazing is significantly less risky than cattle ownership. For cattle owners, contracting reduces risk only slightly while significantly reducing expected returns.