Profitability of Livestock Diversification
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Date
1990
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Publisher
North Dakota State University
Abstract
Description
The dynamics of specialization of agricultural products such as grains expose farmers to higher risks due to unforeseen events in the marketplace such as increased competition are presented in this article. Ways to reduce the costs of feeding livestock is recommended. Determining optimal herd size, reducing costs for additional structures to house cattle and to reduce labor costs are recommended for reducing costs.