Anderson, John D.; Lacy, Curt; Forrest, Charlie S.; … - In: Journal of Agricultural and Applied Economics 36 (2004) 03
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. Slightly to moderately risk-averse...