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DEMAND AND SUPPLY ASSESSMENT FOR THE MICHIGAN FROZEN POTATO INDUSTRY AgEcon
Peterson, H. Christopher; Schweikhardt, David B.; Masterovsky, Michael; Phillips, Jon C.; Schulz, Mary A..
This report presents a general assessment of the demand and supply conditions affecting the Michigan frozen potato industry. The information has been drawn from various secondary sources and interviews with key industry informants. The report is one of the major outputs of an ongoing study being prepared for the Michigan Potato Industry Commission and funded by the Michigan Agricultural Experiment Station. This analysis was necessitated by the 80% reduction in Michigan frozen processing potato acreage by Simplot in 1997. This reduction of 5,000 acres for the Grand Rapids processing facility has created both short-term and long-term concerns for the Michigan potato industry. This assessment provides broad background information relevant to determining...
Tipo: Working or Discussion Paper Palavras-chave: Crop Production/Industries.
Ano: 1997 URL: http://purl.umn.edu/11541
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ISSUES OF DEMAND SPECIFICATION AND INDUSTRY STRUCTURE IN TURKEYS AND BROILER CHICKENS AgEcon
Cheney, Laura Martin; Brown, A. Blake; Yamano, Takashi; Masterovsky, Michael.
Factors unique to the turkey industry suggest that conclusions concerning market structure and demand specification drawn from aggregate poultry data cannot necessarily be extrapolated to the turkey industry. The Wu-Hausman endogeneity test is used to examine demand specifications and industry structure specifically for turkey meat. In contrast to general poultry, quantity-not price-is found to be predetermined in demand models that use annual turkey data. Quarterly demand analysis suggests this result stems from biological cycles that limit a producer's ability to react to price change and the use of a weighted average for determining price and quantity.
Tipo: Journal Article Palavras-chave: Demand analysis; Endogeneity; Market structure; Poultry industry; Turkeys; Demand and Price Analysis; Livestock Production/Industries.
Ano: 2001 URL: http://purl.umn.edu/15290
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