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| Registros recuperados: 48 | |
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| Hueth, Brent; Lawrence, John D.. |
| The declining share of beef in total U.S. meat consumption has motivated industry-wide efforts to improve average beef quality through more effective coordination among the various market participants. Increased use of explicit grid pricing mechanisms over the last decade represents initial efforts at improved coordination. More recent efforts include animal-specific carcass data collection, with subsequent transmission to feeders and the relevant cow/calf operations, and improved source verification procedures aimed at (among other things) reducing the overall cost of medical treatment for live animals. None of these organizational innovations is costless, and indeed a number of significant barriers must be overcome before more widespread adoption of such... |
| Tipo: Journal Article |
Palavras-chave: Marketing; Production Economics; Cattle and beef markets; Information transmission; Producer alliance. |
| Ano: 2006 |
URL: http://purl.umn.edu/57703 |
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| Koontz, Stephen R.; Muth, Mary K.; Lawrence, John D.. |
| It has been argued that access to captive supply cattle improve the economic efficiency of beef packing facilities. However, this argument has not been subject to hypothesis testing. This work models the cost efficiencies associated with captive supplies or cattle we refer to as being sourced through alternative marketing agreements (AMAs). We find that slaughter and processing costs are lower ceteris paribus for AMA cattle than for cash market cattle. We find that plants that slaughter cattle from AMA sources operate at higher monthly volumes ceteris paribus and lower average costs per head. And we find that plants that slaughter cattle from AMA sources have more predictable volumes ceteris paribus and have lower average costs per head. If AMAs were... |
| Tipo: Conference Paper or Presentation |
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| Ano: 2007 |
URL: http://purl.umn.edu/37559 |
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| Abidoye, Babatunde O.; Lawrence, John D.. |
| Commingling cattle in the feedlot increases the odds of cattle getting sick. However, backgrounded cattle are less susceptible to diseases which allow the generalizing statements like "backgrounding is just like single source". Using data from over 15,000 cattle fed in 12 Iowa feedlots, we show that although backgrounded cattle do better than preconditioned cattle commingled in the feedlot, they have poorer carcass quality, health, and performance than single source cattle. Backgrounded cattle should be discounted $8.24/head relative to single source, and only received a small premium over multi-source preconditioned cattle though not significantly different. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Livestock Production/Industries. |
| Ano: 2006 |
URL: http://purl.umn.edu/19008 |
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| Ibarburu, Maro A.; Lawrence, John D.. |
| Increasingly feedlots are managing cattle as individual animals rather than on a pen level basis. As such it is possible to predict an optimal marketing date for each animal. This analysis evaluates the keep-or-sell decision at reimplant time for feedlots cattle approximately 80 days prior to the expected marketing date for the entire group. A model predicting the least profitable cattle in the pen was developed using individual animal data representing over 14,000 cattle fed in 12 Iowa feedlots. It was tested out of sample on an additional 5,000 head to determine the optimal cull rate at reimplant time. The expected profit of sorting and reselling the least profitable cattle was calculated for two different levels of imperfect information and were... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Livestock Production/Industries. |
| Ano: 2005 |
URL: http://purl.umn.edu/19044 |
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| Hueth, Brent; Lawrence, John D.. |
| The declining share of beef in total U.S. meat consumption has motivated industry-wide efforts to improve average beef quality through more effective coordination among the various market participants. Increased use of explicit "grid" pricing mechanisms over the last decade represent initial efforts at improved coordination. More recent efforts include animal-specific carcass data collection, with subsequent transmission to feeders and the relevant cow/calf operations, and improved "source verification" procedures aimed at (among other things) reducing the overall cost of medical treatment for live animals. None of these organizational innovations is costless, and indeed a number of significant barriers must be overcome before more widespread adoption of... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Livestock Production/Industries. |
| Ano: 2003 |
URL: http://purl.umn.edu/21989 |
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| Lawrence, John D.; Muth, Mary K.; Taylor, Justin; Koontz, Stephen R.. |
| The meat value chain is a complex organization with multiple participants performing numerous value added functions. Perhaps the most complex and least well understood segment is that downstream from the packer, e.g., the processor, wholesaler, exporter, retailer and food service (or restaurant) operator. One portion of the Livestock and Meat Marketing Study provided an overview of marketing and pricing methods used in this sector and, in particular, the results of analyses of the relationship between use of alternative marketing arrangements (AMAs) and the distribution and sales of meat products downstream from the packer. The analyses include both beef and pork products, are descriptive and focus on the relationships among industry articipants beyond... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Downstream meat marketing; Alternative marketing arrangements; Supply chain. |
| Ano: 2007 |
URL: http://purl.umn.edu/37561 |
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| Bulut, Harun; Lawrence, John D.. |
| After controlling a variety of feeder cattle characteristics and market and sale conditions, we estimate the price premiums for preconditioning (vaccinations and minimum 30 days weaning) claims with and without third-party certification (TPC) as $6.15/cwt and $3.40/cwt, respectively, in Iowa feeder cattle auctions. These premiums differ statistically (p-value less than 0.0001) and their difference exceeds the additional participation cost of TPC ($1/cwt) on average. This indicates that the third party certification is valued in the market to credibly signal preconditioning investment under asymmetric information. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Livestock Production/Industries. |
| Ano: 2006 |
URL: http://purl.umn.edu/18223 |
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| Registros recuperados: 48 | |
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