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Hog production in 2004 was characterized by wide variation in the types, sizes, and economic performance of operations. Operations specializing in a single production phase generated more than three times the product value, on average, of those using the traditional farrow-to-finish approach....
Persistent link: https://www.econbiz.de/10005480347
Persistent link: https://www.econbiz.de/10010922622
Food safety technology can increase a company’s capacity to prevent a foodborne contamination. A food safety audit—a quality control tool in which an auditor observes whether a plant’s processing practices and technologies are compatible with good food safety practices—can indicate how...
Persistent link: https://www.econbiz.de/10009368800
The economic development of South Korea is often considered a model for developing countries. We use 1975 and 1990 data in a general equilibrium framework with a highly disaggregated sector specification to evaluate the opportunity cost of its agricultural protection. We show that although...
Persistent link: https://www.econbiz.de/10005801568
U.S. dairy production is consolidating into fewer but larger farms. This report uses data from several USDA surveys to detail that consolidation and to analyze the financial drivers of consolidation. Specifically, larger farms realize lower production costs. Although small dairy farms realize...
Persistent link: https://www.econbiz.de/10005802926
Meat trade flows among countries and world regions are determined largely by differences among countries in their resource base, their preferences for meat types and cuts, the extent and character of barriers to trade, and the industry structure. Future growth of meat trade depends on further...
Persistent link: https://www.econbiz.de/10005806539
Changes in vertical coordination in the U.S. broiler, turkey, and egg industries decades ago may provide useful insight into more recent developments in the U.S. pork industry. The need to protect relationship- specific investments created incentives for contracts and vertical integration. In...
Persistent link: https://www.econbiz.de/10005806541
Meatpacking consolidated rapidly in the last two decades: slaughter plants became much larger, and concentration increased as smaller firms left the industry. We use establishment-based data from the U.S. Census Bureau to describe consolidation and to identify the roles of scale economies and...
Persistent link: https://www.econbiz.de/10005320661
Results from the first national survey of the types and amounts of food safety investments made by meat and poultry slaughter and processing plants since the late 1990s provide evidence that market forces have worked in conjunction with regulation to promote the use of more sophisticated food...
Persistent link: https://www.econbiz.de/10005503526
Data from the 1993 Farm Costs and Returns Survey were used in a multi-variate analysis framework to determine factors associated with the financial performance of commercial dairy farm operations. Statistical equivalency tests revealed regional differences in the way extensive indebtedness, size...
Persistent link: https://www.econbiz.de/10005503529