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| Hueth, Brent; Ibarburu, Maro A.; Kliebenstein, James B.. |
| We study business organization and coordination of specialty-market hog production using a comparative analysis of two Iowa pork niche-marketing firms. We describe and analyze each firm's management of five key organizational challenges: planning and logistics, quality assurance, process verification and management of "credence attributes," business structure, and profit sharing. Although each firm is engaged in essentially the same activity, there are substantial differences across the two firms in the way production and marketing are coordinated. These differences are partly explained by the relative size and age of each firm, thus highlighting the importance of organizational evolution in agricultural markets, but are also partly the result of a formal... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Specialty hogs; Coordination; Contracting; Organizational design; Niche markets; Livestock Production/Industries. |
| Ano: 2005 |
URL: http://purl.umn.edu/18340 |
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| Lawrence, John D.; Ibarburu, Maro A.. |
| Cattle production is the largest single agricultural sector in the U.S. with cash receipts of $49.2 billion in 2005. Like the rest of agriculture cattle producers have adopted efficiency and quality improving technology to meet consumer demands for a safe, wholesome, and affordable food supply. This research uses meta analysis to combine over 170 research trials evaluating pharmaceutical technologies in the cow-calf, stocker, and feedlot segments of beef production. These results were used to estimate the farm level economic value of parasite control, growth promotant implants, sub-therapeutic antibiotics, ionophores, and beta agonists for the industry in 2005. The Food and Agriculture Policy Research Institute (FAPRI) model of U.S. agriculture was used to... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Cattle; Production cost; Growth promotants; Ionophores; Antibiotics; Parasite control; Beta-agonists. |
| Ano: 2007 |
URL: http://purl.umn.edu/37560 |
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| Ibarburu, Maro A.; Lawrence, John D.; Busby, Darrell. |
| Carcass data from more than 38,000 cattle was used to compare the called and measured yield grade in two different periods: before and after the slaughter plant incorporated another grader in the line to improve grading accuracy. The study shows that the graders accuracy significantly increased. The higher accuracy affected all yield grades, but most notably resulted in more called yield grade 4 and 5 carcasses. This analysis will develop insight of what will be the effect of instrument grading that will be more accurate than previously called grades.The results are expressed as the conditional distribution of the called yield grade for a given value of the measured yield grade. The pricing grid currently used by the industry was used to analyze the effect... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Cattle; Carcass grading; Accuracy; Economics of grading. |
| Ano: 2007 |
URL: http://purl.umn.edu/37558 |
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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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