Current methods of formulating animal rations lead to excess nutrient excretion which can potentially lead to excess manure nutrients and an increase in economic costs. These methods do not recognize the impact of diminishing returns. The objective is to simultaneously optimize feed ration...

Conditional Logit approach was used to analyze the Choice Experiment data obtained from the grocery stores and supermarket of Tbilisi, Georgia. Results show that customers' preferences for selected pork attributes in different stores are not the same. So, targeting customers by store can be...

Regulatory changes by federal and state agencies portend a switch from nitrogen-based livestock manure disposal policies to phosphorus-based policies. This paper estimates the compliance costs of such a policy change for a hypothetical hog-grain farm in North Central Indiana. The farm includes...

Limited data on the allocation of inputs to different activities has limited agricultural economists' attempts to measure sub-sector productivity growth in agriculture. However, recent developments have enabled us to estimate total factor productivity (TFP) growth for crops and livestock...

The objective of this paper is to provide insights on the welfare distributional impact on consumer and producer welfare resulting from the development and implementation of a credence certification program in the U.S. pork sector. The certification program can provide various levels of tracking...

Regional live cattle prices are decomposed into two components: (a) a trend common to all regional cattle price series and (b) regional deviations or price dynamics around that trend. Tests are developed to determine if market factors are related to the regional price deviations around a common...

We develop projections of China's likely meat trade in the year 2010 using a general equilibrium model in conjunction with forecasts of productivity growth rates and macro-economic forecasts. Interestingly, macro-economic uncertainty appears to be more important in driving China's net trade...

A model was developed to determine the optimal slaughter weights of pigs with heterogeneous growth raised in a 1,000 head barn and marketed in truckload groups. Under commonly used revenue schemes, which include discounts for weight and leanness, the optimal strategy was to market one or two...

Concerns over the imperfect market structure of the beef sector arise due to potential price discovery impacts. This study presents an effective way of providing information on price discovery that can be used to indicate regions within which prices follow similar dynamics. A state space model...