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Identification of substitute muscle groups for retail beef demand and supply equations AgEcon
Farrell, Terence C..
In modelling retail meat demand and supply equations it is difficult to identify close substitutes or competing products. However, close substitutes can be identified through a comparison of meat attributes, especially cooking method and sensory attributes. The Meat Standards Australia (MSA) grading system can be used to identify primals (whole muscles) with similar attributes. The MSA system is based on carcase attributes, cooking methods and sensory properties and it allocates 3, 4 or 5 stars to beef primals. Prices for different star grades are affected by the quantity of meat allocated into each grade and this is determined by cooking method, which is dependent upon season. Estimating demand and supply by MSA grades and cooking methods requires fewer...
Tipo: Conference Paper or Presentation Palavras-chave: MSA; Beef cuts; Sensory attributes and cooking methods..
Ano: 2009 URL: http://purl.umn.edu/48044
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An Economic Evaluation of Conservation Farming Practices for the Central West of NSW AgEcon
Farrell, Terence C..
Economic benefits that arise from conservation farming practices need to be assessed over several years to account for improvements in soil structure and nutrient levels. A gross margin model was used to assess benefits over the eight-year period 1999-2006 for 12 regions in the central west of NSW. The annual benefits from improved soil structure ranged from $2.46 to $12.82 per hectare (ha). A reduction in tractor power produced annual savings in the range of $0.60 to $4.05 per ha. The cost of soil compaction by livestock grazing on crop areas ranged from $3.41 to $14.90 per ha. The break-even time to pay back costs for the conversion of machinery for no-till seeding was two to three seasons.
Tipo: Conference Paper or Presentation Palavras-chave: No-till; Conservation; Farming; Tillage; Cropping systems; Environmental Economics and Policy; Farm Management.
Ano: 2008 URL: http://purl.umn.edu/6177
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Strategic Alliances and Marketing Cooperatives: a Lamb Industry Case Study AgEcon
Farrell, Terence C.; Tozer, Peter R..
Producer cooperatives and strategic alliances could assist lamb producers and market efficiency by improving price signals through product grading. Opportunities exist for first and second cross lamb producers to achieve price premiums by forming intersectoral linkages with processors/wholesalers and retailers. Producer cooperatives enable producers to supply consistent quantities of high quality lambs to satisfy the market requirements of the wholesalers/retailers within an alliance. Alternatively, opportunistic lamb suppliers who are constrained by environmental or cost factors may not be able to derive similar price premiums.
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 1996 URL: http://purl.umn.edu/12413
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Productivity Change in the Australian Sheep Industry Revisited AgEcon
Villano, Renato A.; Fleming, Euan M.; Farrell, Terence C.; Fleming, Pauline.
Recent low estimates of total factor productivity change for wool producers in the Australian sheep industry indicate that they are struggling to improve their performance. This evidence is at odds with the views of many technical observers of industry performance, prompting us to re-estimate total factor productivity change for farmers in a benchmarking group in south-west Victoria who had been the subject of such a negative finding. An important transformation in sheep production in Australia in recent decades has been a change in enterprise mix, notably a greater presence of prime lamb production. This change complicates the process of computing efficiency and productivity change. We demonstrate that a multi-input multi-output approach, based on the use...
Tipo: Conference Paper or Presentation Palavras-chave: Sheep; Stochastic output distance function; Technical change; Total factor productivity; Livestock Production/Industries; Productivity Analysis; C23; O3; Q12; Q16.
Ano: 2006 URL: http://purl.umn.edu/25593
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Grower representation and its impact on the governance structure of the Australian Grains Industry AgEcon
Farrell, Terence C..
The Australian wheat industry has changed considerably in structure and governance during the past 15 years. The most important changes have been the deregulation of the domestic market and privitisation of the former Australian Wheat Board into AWB Limited. Through these changes growers have become shareholders in the various companies. Governance of the monopolistic relationship between AWB Limited and AWB International by the Federal Minister of Agriculture and the Grains Council of Australia through the Wheat Export Authority has proved ineffective. Hence a national organisation that represents shareholders is recommended to increase grower governance of the supply chain and marketing of wheat.
Tipo: Conference Paper or Presentation Palavras-chave: Grain; Marketing; Infrastructure; Competition; Governance; Agricultural and Food Policy; Crop Production/Industries; Marketing.
Ano: 2004 URL: http://purl.umn.edu/58447
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A hedonic model of lamb carcass attributes AgEcon
Farrell, Terence C.; Hopkins, David L..
Lamb carcass value is widely reported to be a function of lean meat yield, which is the relationship between muscle, fat and bone. Five retailers and five wholesalers assessed 47 lamb carcasses from diverse genotypes and scored seven attributes. A hedonic model reveals that conformation attributes were more highly valued (16 c/kg) relative to yield characteristics (4 c/kg). Meat colour and fat distribution were significant for retailers, but less important for wholesalers. Genotype was not a strong indicator of conformation. Eye muscle area and depth were correlated with Fat C; however, these were not significant. These results indicate that carcass conformation, meat colour and fat distribution should be incorporated into carcass grading models.
Tipo: Conference Paper or Presentation Palavras-chave: Hedonic; Lamb; Conformation and meat value; Attributes; Livestock Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/10389
Registros recuperados: 6
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