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The increasing size and specialization of hog operations reflect structural change in U.S. swine production during the past 15 years. The number of farms with hogs has declined by over 70 percent, as hog enterprises have grown larger. Large operations that specialize in a single phase of...
Persistent link: https://www.econbiz.de/10005321044
Antimicrobial drugs are fed to hogs at sub-therapeutic levels to prevent disease and promote growth. However, there is concern that the presence of antimicrobial drugs in hog feed is a factor promoting the development of antimicrobial drug-resistant bacteria. This study describes the extent to...
Persistent link: https://www.econbiz.de/10009002532
Estimating how production contracts affect farm productivity is difficult because the decision to use a contract is endogenous to other decisions affecting productivity. This study uses the local availability of production contracts as an instrument for whether a farm uses a contract in order to...
Persistent link: https://www.econbiz.de/10005476705
A farmer's decision to contract or produce independently depends on the distribution of income under both arrangements, and on attributes associated with both business arrangements. Risk-averse farmers should be willing to pay a risk premium for the reduction in price risk provided by a...
Persistent link: https://www.econbiz.de/10009442876
The increasing use of production contracts in the hog sector has reduced the number of spot market transactions, raised concerns about price manipulation and helped to spur legislation requiring price reporting by packers. Using data from the 2002 and 2007 Censuses of Agriculture, this study...
Persistent link: https://www.econbiz.de/10009446077
In recent decades there has been a substantial increase in the scale of production and the use of production contracts in the hog sector. This paper explores empirically whether these two phenomena are related by examining whether the use of production contracts has allowed finish hog operations...
Persistent link: https://www.econbiz.de/10009446078
Anaerobic digesters can provide renewable energy and reduce greenhouse gas emissions from manure management. Government policies that encourage digester adoption by livestock operations include construction cost-share grants, renewable electricity subsidies, and carbon pricing (offset) programs....
Persistent link: https://www.econbiz.de/10010911078
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