Improving Feedlot Profitability Using Operational Data in Mortality Prediction Modeling

IF 1.2 4区 经济学 Q3 AGRICULTURAL ECONOMICS & POLICY Journal of Agricultural and Resource Economics Pub Date : 2020-01-01 DOI:10.22004/AG.ECON.304772
R. Feuz, Kyle D. Feuz, M. Johnson
{"title":"Improving Feedlot Profitability Using Operational Data in Mortality Prediction Modeling","authors":"R. Feuz, Kyle D. Feuz, M. Johnson","doi":"10.22004/AG.ECON.304772","DOIUrl":null,"url":null,"abstract":"Feedlot managers make difficult culling decisions using their best subjective judgment together with advice from animal health professionals. Using routinely collected operational feedlot data and five well-known classification methods, we construct mortality predictive models to aid managers in making objective culling decisions. Simulation results suggest that net return per head for calves having been treated at least once for any health incident would increase on average by $14.01 if the best-performing model were used as a culling decision aid. The probability of a positive return is 60.9%. Using cost-sensitive learning, the average value may increase to $45.27/head.","PeriodicalId":54890,"journal":{"name":"Journal of Agricultural and Resource Economics","volume":null,"pages":null},"PeriodicalIF":1.2000,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Agricultural and Resource Economics","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.22004/AG.ECON.304772","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"AGRICULTURAL ECONOMICS & POLICY","Score":null,"Total":0}
引用次数: 2

Abstract

Feedlot managers make difficult culling decisions using their best subjective judgment together with advice from animal health professionals. Using routinely collected operational feedlot data and five well-known classification methods, we construct mortality predictive models to aid managers in making objective culling decisions. Simulation results suggest that net return per head for calves having been treated at least once for any health incident would increase on average by $14.01 if the best-performing model were used as a culling decision aid. The probability of a positive return is 60.9%. Using cost-sensitive learning, the average value may increase to $45.27/head.
查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
利用死亡率预测模型中的操作数据提高饲养场盈利能力
饲养场管理者利用他们最好的主观判断和动物卫生专业人员的建议做出艰难的扑杀决定。利用常规收集的饲养场数据和五种知名的分类方法,我们构建了死亡率预测模型,以帮助管理者做出客观的剔除决策。模拟结果表明,如果使用表现最好的模型作为筛选决策辅助工具,那么至少治疗过一次健康事件的小牛的每头净收益将平均增加14.01美元。获得正回报的概率是60.9%。使用成本敏感型学习,平均价值可能增加到45.27美元/头。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 去求助
来源期刊
Journal of Agricultural and Resource Economics
Journal of Agricultural and Resource Economics 社会科学-农业经济与政策
CiteScore
2.30
自引率
7.10%
发文量
0
审稿时长
>36 weeks
期刊介绍: The mission of the Journal of Agricultural and Resource Economics is to publish creative and scholarly economic studies in agriculture, natural resources, and related areas. Manuscripts dealing with the economics of food and agriculture, natural resources and the environment, human resources, and rural development issues are especially encouraged. The Journal provides a forum for topics of interest to those performing economic research as well as to those involved with economic policy and education. Submission of comments on articles previously published in the Journal is welcomed.
期刊最新文献
Learning about Our Vices from Devices: A Model of Individual Learning with an Application to Consumer Food Waste. Replacing Late Calving Beef Cows to Shorten Calving Season On Policy Interventions and Vertical Price Transmission: the Italian Milk Supply Chain Case Origin and Export Basis Interdependencies in Soybeans: A Panel Data Analysis Provision Point Reverse Auction: A New Auction Mechanism with Applications for Conservation Contracts
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1