I need to develop a dynamic mathematical model for cattle/beef production that characterizes the "optimal" response of beef producers after different shocks (i.e. permanent changes in prices of the inputs, domestic and foreign beef price, interest rates, aggregate consumer wealth), but I cannot determine wether the best framework to illustrate these dynamics would be a differential equation-based model, a difference equations, Dynamic Programming, Optimal Control, etc.
Any comments or recommendations on how to structure the problem and what to take into consideration will be more than appreciated.