Never before in the history of agriculture have the prices of agricultural commodities fluctuated with such magnitude as they- have during the past 5 years. The cattle-feeding industry has been no exception. -During the period of January 1973 to-January ' 1977 the returns for feeding a Choice 450 lb. steer calf to 1050 lbs. have varied from a positive $130;03 to a negative $161.10.' Unfortunately, for .the cattle-feeder, 28 of'48 months during this 4 year period showed negative returns' for this ^type of-feeding program (1).
Handke, Paul, and Gene A. Futrell. "Forecasting guidelines for choice steer and heifer prices." (1978).
Handke, Paul and Futrell, Gene, "Forecasting Guidelines For Choice Steer And Heifer Prices" (1978). ISU Economic Report Series. 20.