This study examines the dynamic relationship between wholesale and retail prices of beef products, accounting for product differentiation in cuts and quality grades. We test for long-run association in price transmission relationship in presence of asymmetry caused by threshold-type adjustments....

The objective of this paper is to identify the effect of livestock mandatory price reporting (MPR) on cattle cash prices. Using the lag augmented vector autoregression (LA-VAR) and the historical decomposition, we find that there exist a steady increase in cattle prices after MPR in 2001....

This study determines the factors leading to adoption of split-sex and phase feeding by U.S. hog producers and consequently the impact of adoption on operation’s input cost performance. A sample selection model is employed to account for unobservable variables possibly being correlated with...

This paper explores the U.S. agricultural production systems, focusing on the interactions between the crop and livestock sectors. The estimation results of the differential input demand system suggest that the demand for hired labor, self-employed labor, intermediate goods, capital, and land...

The U.S. cattle inventory was at 87.7 million head at the beginning of 2014, the lowest inventory since 1951. Cattle producers have downsized their herds in recent years due to increased incidence of drought and high feed prices. A tight U.S. beef supply coupled with a strong demand for beef are...

In the context of bovine tuberculosis (bTB) control in New Zealand cattle, we address the problem of management under uncertain disease prevalence by integrating a model of disease transmission and Bayesian learning from testing. We show the implications of accounting for the full dynamic value...

This study determines efficiency drivers, scale and technical efficiencies, and other economic performance measures for Southeastern U.S. meat goat farms. We estimate an input distance function (IDF) using stochastic production frontier (SPF) techniques. Empirical Monte Carlo (MC) simulation...