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they adopt this technology without any associated increases in demand for fed cattle. Retail beef demand increases of 1 … in cattle for about five years. Despite demonstrated substantial improvement in human health that vaccine adoption offers …
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. Empirical applications are presented for the US cattle, hog, and chicken sectors and for county-level corn supply. We show that … supply and demand improvements have led to significant gains in beef producer and consumer welfare over time. Hog, and …, whereas growth in cattle supply index has stagnated in recent years. We test the validity of the supply and demand indices for …
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