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Keywords

Kansas Agricultural Experiment Station contribution; no. 97-309-S; Report of progress (Kansas State University. Agricultural Experiment Station and Cooperative Extension Service); 804; Cattlemen's Day, 1998; Beef; Cows; Efficiency; Profitability

Abstract

Beef cow producers must manage costs of production and improve production efficiency to compete with hog and poultry and other beef cattle producers. A sample of 46 beef cow enterprises from the Kansas Farm Management database was used to measure technical, economic, and overall efficiencies. On average the farms were 92% technically efficient, 80% economically efficient and 73% overall efficient. Our results suggest that 5% increases in economic and scale efficiencies would increase profit per cow by $20 and $24, respectively.

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