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Registros recuperados: 17 | |
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Muth, Mary K.; Liu, Yanyan; Koontz, Stephen R.; Lawrence, John D.. |
Information on typical differences in prices and price risk (as measured by the variances of prices) across marketing arrangements aids fed cattle producers in making choices about methods to use for selling fed cattle to beef packers. This information is also useful for policy discussions on merits and drawbacks of alternative marketing arrangements. As part of the congressionally mandated Livestock and Meat Marketing Study, we investigated differences in prices and price risk for fed cattle cash market and alternative marketing arrangements. The modeling approach, which is similar to a hedonic model, controls for differences in cattle quality and delivery month and accounts for the within- and across-week correlation in prices. The analysis uses a recent... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Alternative marketing arrangements; Fed cattle; Prices; Price volatility; Price risk; Hedonic. |
Ano: 2007 |
URL: http://purl.umn.edu/37578 |
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Muth, Mary K.; Karns, Shawn A.; Anderson, Donald W.; Murray, Brian C.. |
Because of public health concerns, regulators are considering requiring post-harvest treatment of halfshell and shucked oysters by wholesalers and processors. Two recently developed post-harvest treatment technologies may actually reduce the costs of producing shucked oysters, but would increase the costs of halfshell oysters. An interregional model of the wholesale oyster industry is developed to estimate the effects of treatment requirements on prices, output, and employment. If post-harvest treatment is required for all Gulf oysters, price increases are estimated to be less than 20% and, in some cases, prices decrease. Results indicate producer and consumer losses in the halfshell market are partially or more than offset by gains in the shucked market. |
Tipo: Journal Article |
Palavras-chave: Food Consumption/Nutrition/Food Safety. |
Ano: 2006 |
URL: http://purl.umn.edu/31388 |
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Muth, Mary K.; Karns, Shawn A.; Wohlgenant, Michael K.; Anderson, Donald W.. |
Implementation of the Pathogen Reduction and Hazard Analysis and Critical Control Points (PR/HACCP) regulations has occurred across all U.S. meat and poultry plants. A probit model is estimated to determine which factors have affected the probability of red meat slaughter plant exit during implementation of the regulations. While controlling for plant-level, company-level, regional-level, and supply conditions that may affect the probability of plant exit, smaller plants are found to exhibit a much greater probability of exit than larger plants. Other factors affecting plant exit include plant age, market share relative to the degree of market concentration, regional entry rates, and state-level wage rates. |
Tipo: Journal Article |
Palavras-chave: Agribusiness. |
Ano: 2002 |
URL: http://purl.umn.edu/31073 |
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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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Muth, Mary K.; Wohlgenant, Michael K.. |
We develop a model to measure the degree of oligopsony power in the beef packing industry, while accommodating variable proportions technology, that can be estimated with fewer data requirements. In particular, nonspecialized input quantities, which are often not available, are not needed. Through application of the envelope theorem, we show that the relationship between value marginal product and marginal factor cost can be defined over the prices of the nonspecialized inputs rather than their corresponding quantities. When applied to the beef packing industry, we find no evidence of oligopsony power over our 1967-93 sample period. |
Tipo: Journal Article |
Palavras-chave: Agribusiness. |
Ano: 1999 |
URL: http://purl.umn.edu/30795 |
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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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Muth, Mary K.; Rucker, Randal R.; Thurman, Walter N.; Chuang, Ching-Ta. |
In his 1973 paper, Steven Cheung discredited the "fable of the bees" by demonstrating that markets for beekeeping services exist and that they function well. Although economists heeded Cheung's lessons, policy makers did not. The honey program-the stated purpose of which was to promote the availability of pollination servicesoperated for almost 50 years, supporting the price of honey through a variety of mechanisms. Its effects were minor before the 1980s but then became important with annual government expenditures near $100 million for several years. Reforms of the program in the late 1980s reduced its market effects and budget costs, returning it to its original role as a minor commodity program. The 1996 Farm Bill formally eliminated the honey... |
Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural and Food Policy. |
Ano: 2001 |
URL: http://purl.umn.edu/29153 |
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Muth, Mary K.; Mancini, Dominic; Viator, Catherine. |
With the availability of bioengineered food ingredients, food manufacturers must choose whether to produce foods that do not contain bioengineered ingredients and, in the near future, whether to produce foods that contain ingredients enhanced through bioengineering. In either of these cases, food manufacturers must develop an identity-preservation system to preserve the attributes of food products throughout production and distribution. Using information obtained through interviews with food manufacturers, trade associations, and industry consultants, this paper focuses on the characteristics of identity-preservation systems that may be needed for producing nonbioengineered or enhanced bioengineered foods. |
Tipo: Journal Article |
Palavras-chave: Agribusiness. |
Ano: 2003 |
URL: http://purl.umn.edu/27950 |
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Muth, Mary K.; Zhen, Chen; Taylor, Justin; Cates, Sheryl; Kosa, Katherine M.; Zorn, David; Choiniere, Conrad J.. |
Food manufacturers have an incentive to include nutrient content claims, health claims, or other types of labeling statements on foods if they believe that consumers will be willing to pay more for products with specific attributes. We estimated semi-log hedonic price regressions for five breakfast bar and cereal product categories using Nielsen ScanTrack scanner data for 2004 and found that labeling statements for these foods are often associated with substantial increases in consumer willingness to pay. The largest effects were associated with “carb-conscious” carbohydrate labeling (reflecting the time period of the data), followed by fat and sugar content labeling statements. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Labeling statements; Nutrient content claims; Health claims; Scanner data; Willingness to pay; Hedonic; Agricultural and Food Policy; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety. |
Ano: 2009 |
URL: http://purl.umn.edu/50333 |
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Registros recuperados: 17 | |
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