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Registros recuperados: 13 | |
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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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Bulut, Harun; Lawrence, John D.. |
In the United States (U.S.), there is no uniform traceability regulation across food sector. Food and Drug Administration (FDA) implemented one-step back and one-step forward traceability over the industries under its jurisdiction. U.S. Department of Agriculture (USDA), which oversees meat, poultry and egg production, requires some record keeping as part of food safety regulation. Particularly, a two-part-system has developed; live animal traceability and meat traceability with slaughter and processing plants in between. This paper studies the question of whether (and if so how) meat plants’ traceability levels vary with respect to the following factors; product specific (credence versus experience and search attributes, branded versus commodity meat,... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Traceability; Food safety; Quality assurances; Animal ID; RFID. |
Ano: 2007 |
URL: http://purl.umn.edu/37576 |
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Bulut, Harun; Lawrence, John D.. |
Controlling a variety of feeder cattle characteristics, and market and sale conditions, we estimate that certified vaccinations claims along with at least 30 days weaning claims bring in a premium of $6.13/cwt, which is nearly two times of that for similar uncertified claims, compared to no vaccinations and weaning claims at all in Iowa feeder cattle auctions. This indicates that the third-party certification is supported in the market as a tool to signal quality in terms of vaccinations and weaning claims towards preconditioning. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Livestock Production/Industries; Marketing. |
Ano: 2006 |
URL: http://purl.umn.edu/19004 |
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Registros recuperados: 13 | |
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