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Estimating the Economic Value of Specific Characteristics Associated with Angus Bulls Sold at Auction AgEcon
Jones, Rodney D.; Turner, Tyler; Dhuyvetter, Kevin C.; Marsh, Thomas L..
The genetic traits of a purebred bull convey the reproductive and economic value to buyers. This study examines and compares the value of actual production weights (birth, weaning, and yearling weight), production expected progeny differences (EPDs) (birth, weaning, milk, and yearling), and ultrasound EPDs (carcass quality predictors) for purebred Angus bulls sold at auction. One EPD, birth weight, was valued by buyers more than its corresponding actual weight, though both actual weights and EPDs significantly impact price. Predictors of carcass quality were important in determining price. Finally, several individual animal factors and sale characteristics were significant in determining price.
Tipo: Journal Article Palavras-chave: Angus bulls; Carcass characteristics; EPDs; Marketing factors; Production factors; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Food Consumption/Nutrition/Food Safety; Livestock Production/Industries; Q10; Q12.
Ano: 2008 URL: http://purl.umn.edu/45528
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ESTIMATING THE ECONOMIC VALUES ASSOCIATED WITH EPDS FOR ANGUS BULLS AT AUCTION AgEcon
Turner, Tyler; Dhuyvetter, Kevin C.; Marsh, Thomas L.; Jones, Rodney D..
The genetic traits that an Angus bull possesses convey the reproductive and economic value of the animal to potential buyers. This paper examines and draws comparisons between the value of actual production weights and production EPDs, while also establishing values for ultrasound EPDs. Results indicate that only one EPD, birth weight, was valued by buyers more than its corresponding actual weight, though actual weights and EPDs significantly impacted price. Ultrasound EPDs were also found to be significant, suggesting buyers of Angus bulls consider carcass information when purchasing bulls.
Tipo: Conference Paper or Presentation Palavras-chave: Angus Bulls; Birth Weight; Carcass; EPDs; Hedonic Model; Livestock Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/36193
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