| The profitability and business risk (i.e. profit variability) associated with three spring calving and two fall calving enterprises are analyzed using linear programming (GAMS) and RISK Simulation. Twenty years of livestock price data, published budgets, and interview data are used in the analysis. For all enterprises, the fall cow-short yearling model is the most profitable enterprise and renders the least business risk. The spring cow-short yearling enterprise is the least profitable and renders the most business risk of all enterprises. |
