Abstract
A bio-economic model was developed to evaluate utilization of beef bulls in a variety of production systems. The model can simulate life-cycle production of both beef and dairy cow herds with or without an integrated feedlot system. The Markov chain approach is used to simulate herd dynamics. The herd is described in terms of animal states and possible transitions among them. Equilibrium herd structures of the integrated production systems are calculated in their stationary states. The economic efficiency of each system is a function of biological traits of animals and of management and economic parameters. The model allows estimation of marginal economic values for 16 traits separately in each system. The economic weight for each trait or direct and maternal trait component in each selection group and breed of interest is then calculated as the weighted sum of the economic values for the trait in all production systems in which the selection group has an impact. Weighting factors for each system are computed as the product of the number of discounted expressions for direct and maternal trait components transmitted in that system by the selection group and the proportion of total cows belonging to each system.
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