Should Producers Attempt to Behave Counter-Cyclincally During Cattle Cycles?
Managing for Today's Cattle Market and Beyond
Cattle cycles refer to the relatively predictable rise and fall in US cattle inventories over a period of years (normally 9-13 years) that have characterized the US cattle market since at least the mid-19th century. Cycles are a well-known phenomenon in cattle markets and are attributed to the lengthy biological lag which exists between when price signals are experienced and when an appropriate increase or decrease in beef production occurs.
Bailey, DeeVon, and David Aadland. Should Producers Attempt to Behave Counter-Cyclically During Cattle Cycles? Managing for Today’s Cattle Market and Beyond (November 2000).