The forecasting of Cattle (Bos taurus) production in the Philippines
Paper Details
The forecasting of Cattle (Bos taurus) production in the Philippines
Abstract
Cattle (Bos taurus) production forecasting is an important part of the agricultural industry, especially in the Philippines, where the livestock industry is a big part of the income and food security. The goal of this study is to determine possible algorithms that can be used to predict the quantity of cattle production based on the historical data taken from the Philippine Statistical Authority. Advanced statistical methods of predicting the cattle production are used to look at the data and find the most important factors that affect cow production. Machine learning algorithms and predictive analytics are also used to find trends and relationships in the dataset, which makes it easier to make accurate predictions. The forecasting model that was made shows that it is reliable and accurate at predicting future trends. This means that policymakers, livestock farmers, and other stakeholders can make better choices about production planning, resource allocation, and market strategies. The implications of this study are important for the Philippines cattle industry to grow and develop in a way that is sustainable. Reliable production forecasts can help lawmakers make good agricultural policies, like supporting programs to improve breeds, making the best use of feed resources, and making sure there are enough veterinary services. Also, livestock farmers can use these forecasts to make more productive and profitable decisions about how to breed their animals, how to handle their herds, and when to take their animals to market.
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Elbert M. Galas (2023), The forecasting of Cattle (Bos taurus) production in the Philippines; IJB, V23, N1, July, P9-17
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