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Impact of Beef Quality on Market Signals Transmitted by Grid Pricing AgEcon
Johnson, Heather C.; Ward, Clement E..
Value-based marketing is shaping cattle production; however, market signals differ dramatically depending on carcass quality. This study applies a two-stage coefficients of separate determination procedure to four regional fed cattle datasets sorted by grid value and by carcass quality attributes. Weight is the strongest signal sent when higher valued cattle and better quality cattle are sold on a grid. Quality characteristics send stronger signals when lower valued cattle and poorer quality cattle are sold on a grid. Producers of lower quality cattle can potentially gain $52 to $149 per head by improving quality and $113 to $150 per head by adding weight.
Tipo: Journal Article Palavras-chave: Beef; Cattle; Carcass; Quality; Coefficients of separate determination; Incentives; Market signals; Value-based marketing; Livestock Production/Industries; Marketing; Q11; Q13.
Ano: 2006 URL: http://purl.umn.edu/43750
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Market Signals Transmitted by Grid Pricing AgEcon
Johnson, Heather C.; Ward, Clement E..
Grid pricing improves the flow of information to producers, but market signals sent by grids may not be clearly understood. This study uses a two-stage Coefficients of Separate Determination process, four sets of fed cattle carcass data, and sensitivity analyses to identify market signals sent by grid pricing. Weight sends a stronger market signal than carcass quality characteristics such as quality and yield grade. Although grids are shaping production, market signals indicate that lower quality carcasses are penalized more than higher quality carcasses are rewarded. Sensitivity analyses suggest changes in quality and yield grade discounts have the greatest impact on market signals.
Tipo: Journal Article Palavras-chave: Beef cattle; Coefficients of Separate Determination; Grid pricing; Market signals; Value-based marketing; Demand and Price Analysis.
Ano: 2005 URL: http://purl.umn.edu/30980
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The Influence of Market and Agricultural Policy Signals on the Level of Organic Farming AgEcon
Wheeler, Sarah Ann.
Over the last two decades, organic farming has been one of the few sectors of agriculture to increase exponentially across the world. This paper aims to analyse the relationship of market and agricultural policy signals on the share of organic farming, with a cross-country analysis in two key years (1990 and 2001). Evidence is provided on the importance of public organic agricultural support, organic farming research and development, the availability of marketing and sales outlets for organic produce and countries environmental regulations in positively driving the adoption of organic agriculture by farmers. There seems to be more support for the influence of agricultural policy signals than market signals.
Tipo: Conference Paper or Presentation Palavras-chave: Organic farming; Agricultural policy signals; Market signals; Agricultural and Food Policy; Farm Management; Marketing; Q10; Q16; Q18.
Ano: 2006 URL: http://purl.umn.edu/25333
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