Consulta: creatorFacets:"Lawrence,   John D."
Registros recuperados: 48
Data/hora: 09/06/2024 17:56:35

Hog Marketing Practices and Competition Questions
Provedor de dados: 31
Autores: Lawrence,   John D.
Tipo: Journal Article
Palavras-chave: Livestock Production/Industries; Marketing; Q11; Q13.
Ano: 2010
URL: http://purl.umn.edu/94759

The Value of Third-Party Certification of Preconditioning Claims at Iowa Feeder Cattle Auctions
Provedor de dados: 31
Autores: Bulut,   Harun; Lawrence,   John D.
After controlling a variety of feeder cattle characteristics and market and sale conditions in Iowa feeder auctions, the price premiums for preconditioning claims (vaccinations and minimum 30 days of weaning) with and without third-party certification (TPC) are estimated as $6.12/cwt and $3.35/cwt, respectively.  These premiums differ statistically (p&lt;0.0001), and their difference exceeds the average participation cost of TPC ($1/cwt).  This indicates that TPC is valued in the market to credibly signal preconditioning investment under asymmetric information.
Tipo: Journal Article
Palavras-chave: Asymmetric information; Feeder cattle auctions; Quality; Signalling; Third-party certification; Q11; Q12; Q13; C23.
Ano: 2007
URL: http://purl.umn.edu/37052

Valuing Public Price Reporting: The Iowa Experience
Provedor de dados: 31
Autores: Lawrence,   John D.; Shaffer,   John A.; Hayenga,   Marvin L.
Auction market users and operators were surveyed regarding their source and use of livestock auction price information. Although important for marketing and to a lesser extent production decisions, only 30 percent preferred publicly reported prices over reports from market operators or other sources. The small share of market users willing to pay for public price reports suggests acceptable substitutes are available. Based on these results it is unlikely that user fees will be able to replace the current level of public support for auction market price reporting.
Tipo: Journal Article
Palavras-chave: Price reporting; Willingness to pay; Agribusiness; Demand and Price Analysis.
Ano: 1996
URL: http://purl.umn.edu/90376

ESTIMATING THE VALUE OF SOURCE VERIFICATION OF FEEDER CATTLE
Provedor de dados: 31
Autores: Lawrence,   John D.; Yeboah,   Godfred.
Source-verified (SV) feeder cattle auctions were held in Bloomfield, Iowa, each October, November, and December from 1997-2000. This study compares price data from these SV auctions to traditional auctions at the same location to determine whether a premium exists for SV feeder cattle. Hedonic pricing models were estimated to evaluate the price effects of lot characteristics, market forces, and type of market (SV versus regular sale). The SV cattle were sorted and pooled into large lots. The larger lot size, consistent with early research, earned large price premiums. After accounting for lot size, the SV premium for lighter cattle (&lt; 650/600-pound steers/heifers) was estimated at $1.30/cwt, and was significant. The SV premium over and above lot size...
Tipo: Journal Article
Palavras-chave: Auction; Cattle; Hedonic pricing model; Markets; Source-verified auction; Livestock Production/Industries.
Ano: 2002
URL: http://purl.umn.edu/14722

Meat Slaughter and Processing Plants’ Traceability Levels Evidence From Iowa
Provedor de dados: 31
Autores: Bulut,   Harun; Lawrence,   John D.
In the United States (U.S.), there is no uniform traceability regulation across food sector. Food and Drug Administration (FDA) implemented one-step back and one-step forward traceability over the industries under its jurisdiction. U.S. Department of Agriculture (USDA), which oversees meat, poultry and egg production, requires some record keeping as part of food safety regulation. Particularly, a two-part-system has developed; live animal traceability and meat traceability with slaughter and processing plants in between. This paper studies the question of whether (and if so how) meat plants’ traceability levels vary with respect to the following factors; product specific (credence versus experience and search attributes, branded versus commodity meat,...
Tipo: Conference Paper or Presentation
Palavras-chave: Traceability; Food safety; Quality assurances; Animal ID; RFID.
Ano: 2007
URL: http://purl.umn.edu/37576

Meat Slaughter and Processing Plants’ Traceability Levels: Evidence From Iowa
Provedor de dados: 31
Autores: Bulut,   Harun; Lawrence,   John D.
Based on an econometric analysis of the data obtained from a survey of meat plants ( ) in Iowa in summer 2007, this paper identifies the factors impacting the meat plants’ voluntary adoption of forward and backward traceability activities. The results suggest that the ownership type (corporate versus independent) and operations type (slaughtering versus not) matter rather than the size and meat type produced (beef, pork, or poultry) as suggested in the previous surveys. Furthermore, food safety activities appear to be complementary to traceability activities. The findings may assist ongoing regulatory efforts in implementing traceability in U.S. in the near future.
Tipo: Working or Discussion Paper
Palavras-chave: Country of origin labeling; Food safety; Multiple imputation method; National animal identification system; Ordered logistic regression; Quality assurances; Traceability; Agribusiness; Food Consumption/Nutrition/Food Safety; Livestock Production/Industries; Q13; Q18; C21; C35.
Ano: 2008
URL: http://purl.umn.edu/6135

Differences in Prices and Price Risk Across Alternative Marketing Arrangements Used in the Fed Cattle Industry
Provedor de dados: 31
Autores: Muth,   Mary K.; Liu,   Yanyan; Koontz,   Stephen R.; Lawrence,   John D.
Information on prices and price risk differences across marketing arrangements aids fed cattle producers in making choices about marketing methods. As part of the congressionally mandated Livestock and Meat Marketing Study, we investigated fed cattle price and price risk differences across marketing arrangements. The analysis uses data representing cattle purchased by 29 large beef packing plants from October 2002 through March 2005. Results indicate that marketing agreements offered the best tradeoff between price level and price risk. Forward contracts had the lowest average yet highly volatile prices. Auction barn prices were higher than other methods but also the most volatile.
Tipo: Journal Article
Palavras-chave: Alternative marketing arrangements; Fed cattle; Hedonic; Price risk; Price volatility; Prices; Livestock Production/Industries; Marketing; Risk and Uncertainty.
Ano: 2008
URL: http://purl.umn.edu/36711

GRADER BIAS IN CATTLE MARKETS? EVIDENCE FROM IOWA
Provedor de dados: 31
Autores: Hueth,   Brent; Lawrence,   John D.; Marcoul,   Philippe.
Participants in U.S. markets for live cattle increasingly rely on federal grading standards to price slaughtered animals. This change is due to the growing prominence of “grid” pricing mechanisms that specify explicit premiums and discounts contingent on an animal's graded quality class. Although there have been recent changes in the way cattle are priced, the technology for sorting animals into quality classes has changed very little: human graders visually inspect each slaughtered carcass and call a “quality” and “yield”grade in a matter of seconds as the carcass passes on a moving trolley. There is anecdotal evidence of systematic bias in these called grades across time and regions within U.S. markets, and this paper empirically examines whether such...
Tipo: Working or Discussion Paper
Palavras-chave: Cattle markets; Grader bias; Quality measurement; Livestock Production/Industries.
Ano: 2004
URL: http://purl.umn.edu/18474

ALTERNATIVE MARKETING STRATEGIES FOR FEEDER PIG FINISHERS: FUTURES, OPTIONS, AND SIMPLE DECISION RULES
Provedor de dados: 31
Autores: Lawrence,   John D.; Roth,   Jennifer.
Tipo: Working or Discussion Paper
Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 1991
URL: http://purl.umn.edu/13398

Economic Analysis of Increased Levels of Intramuscular Fat in Pork:  Producer and Industry Opportunities
Provedor de dados: 31
Autores: Kliebenstein,   James B.; Ibarburu,   Maro A.; Lawrence,   John D.; Baas,   Thomas J.; Prusa,   Kenneth; Hanson,   Kathy; Fedler,   Chris; Wilson,   Doyle.
Ultrasound technology is available for accurately measuring intramuscular fat (IMF) in live pigs.  This report provides information on the costs for pig producers and processors to implement this technology and what consumers are willing to pay for pork with improved levels of intramuscular fat.  About half the participants in the willingness to pay study preferred the high IMF chop.  They paid a premium of 25 percent over the low IMF chop.
Tipo: Conference Paper or Presentation
Palavras-chave: Ultrasound technology; Measure intramuscular fat live pigs; Pig producer cost; Pig processor costs; Consumer willingness to pay; Agribusiness; Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis; Farm Management; Food Consumption/Nutrition/Food Safety; Livestock Production/Industries; Marketing.
Ano: 2010
URL: http://purl.umn.edu/60919

GRADER BIAS IN CATTLE MARKETS? EVIDENCE FROM IOWA
Provedor de dados: 31
Autores: Marcoul,   Philippe; Lawrence,   John D.; Hueth,   Brent.
Participants in U.S. markets for live cattle increasingly rely on federal grading standards to price slaughtered animals. This change is due to the growing prominence of "grid" pricing mechanisms that specify explicit premiums and discounts contingent on an animal's graded quality class. Although these changes alter the way cattle are priced, the technology for sorting animals into quality classes has changed very little: human graders visually inspect each slaughtered carcass and call a "quality" and "yield" grade in a matter of seconds as the carcass passes on a moving trolley. There is anecdotal evidence of systematic bias in these called grades across time and regions within U.S. markets. We examine whether such claims are supported in a sample of...
Tipo: Conference Paper or Presentation
Palavras-chave: Marketing.
Ano: 2006
URL: http://purl.umn.edu/21123

LESSONS LEARNED FROM THE CANADIAN CATTLE INDUSTRY: NATIONAL ANIMAL IDENTIFICATION AND THE MAD COW
Provedor de dados: 31
Autores: Lawrence,   John D.; Strohbehn,   Daryl; Loy,   Daniel D.; Clause,   Reginald J.
Canada implemented a national cattle identification system led and developed by the industry.  Initially a voluntary program beginning in July 2001, it became mandatory in July 2002 and achieved 92-95 percent compliance by that fall.  The system was low cost to initiate and operate and only requires that animals be tagged before leaving the farm of origin and the tags are read when the animal dies or is exported.  The national ID system did not protect Canadian cattle from a sole case of BSE, or Mad Cow Disease, found in the spring of 2002, but it did help speed and lend confidence to the investigation.  While the ID system was the objective of the study, the team also report on how markets and an industry behave in a crisis.
Tipo: Working or Discussion Paper
Palavras-chave: Animal identification; Traceability; BSE; Food Consumption/Nutrition/Food Safety; Production Economics.
Ano: 2003
URL: http://purl.umn.edu/18686

EXTENSION'S RESPONSE TO UNDERSTANDING EVOLVING LIVESTOCK MARKET SIGNALS: IOWA'S EXPERIENCE
Provedor de dados: 31
Autores: Lawrence,   John D.
Tipo: Conference Paper or Presentation
Palavras-chave: Livestock Production/Industries; Teaching/Communication/Extension/Profession.
Ano: 2000
URL: http://purl.umn.edu/36352

Value of Single Source and Backgrounded Cattle as Measured by Health and Feedlot Profitability
Provedor de dados: 31
Autores: Abidoye,   Babatunde O.; Lawrence,   John D.
Commingling cattle in the feedlot increases the odds of cattle getting sick. However, backgrounded cattle are less susceptible to diseases which allow the generalizing statements like "backgrounding is just like single source".  Using data from over 15,000 cattle fed in 12 Iowa feedlots, we show that although backgrounded cattle do better than preconditioned cattle commingled in the feedlot, they have poorer carcass quality, health, and performance than single source cattle.  Backgrounded cattle should be discounted $8.24/head relative to single source, and only received a small premium over multi-source preconditioned cattle though not significantly different.
Tipo: Conference Paper or Presentation
Palavras-chave: Livestock Production/Industries.
Ano: 2006
URL: http://purl.umn.edu/19008

PRODUCTION AND MARKETING CHARACTERISTICS OF U.S. PORK PRODUCERS, 2000
Provedor de dados: 31
Autores: Lawrence,   John D.; Grimes,   Glenn.
Tipo: Working or Discussion Paper
Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 2001
URL: http://purl.umn.edu/18243

Quality Assurance "Down Under": Market Access and Product Differentiation
Provedor de dados: 31
Autores: Lawrence,   John D.
Australia and New Zealand are major beef producing countries and major beef exporters. Unlike the case in the United States, where less than 10 percent of beef is exported, approximately 60 percent of Australia’'s and 85 percent of New Zealand’'s beef production is exported. Because of their dependency on a diverse set of export customers, these two countries are developing quality assurance programs that differentiate their beef in the global market and assure individual customers that the product is safe and meets customer needs. The Australian government and beef industry have invested in innovative identification, grading, and quality assurance systems that can be used by processors, producers, and supply chains. New Zealand relies upon individual...
Tipo: Working or Discussion Paper
Palavras-chave: Beef; Quality assurance; Traceability; Value-added; Marketing.
Ano: 2002
URL: http://purl.umn.edu/18707

Information Transmission in Cattle Markets: A Case Study of the Chariton Valley Beef Alliance
Provedor de dados: 31
Autores: Hueth,   Brent; Lawrence,   John D.
The declining share of beef in total U.S. meat consumption has motivated industry-wide efforts to improve average beef quality through more effective coordination among the various market participants. Increased use of explicit "grid" pricing mechanisms over the last decade represent initial efforts at improved coordination. More recent efforts include animal-specific carcass data collection, with subsequent transmission to feeders and the relevant cow/calf operations, and improved "source verification" procedures aimed at (among other things) reducing the overall cost of medical treatment for live animals. None of these organizational innovations is costless, and indeed a number of significant barriers must be overcome before more widespread adoption of...
Tipo: Conference Paper or Presentation
Palavras-chave: Livestock Production/Industries.
Ano: 2003
URL: http://purl.umn.edu/21989

ELEMENTS OF CATTLE FEEDING PROFITABILITY IN MIDWEST FEEDLOTS
Provedor de dados: 31
Autores: Lawrence,   John D.; Wang,   Zhi; Loy,   Daniel D.
Conventional wisdom and earlier research have concluded that cattle feeding profitability is more determined by feeder and fed cattle prices than by animal performance. This study examined cross-sectional and time-series data from over 1600 pens of cattle in more than 220 feedlots in the upper Midwest where weather and lot conditions are thought to influence feedlot profitability. In addition to input and output prices and animal performance, other factors found to significantly impact cattle feeding profitability were sex, placement weight, facility design, and to a lesser extent placement season.
Tipo: Journal Article
Palavras-chave: Cattle feedlots; Probability; Risk; Livestock Production/Industries.
Ano: 1999
URL: http://purl.umn.edu/15377

A Limited Information Bayesian Forecasting Model of the Cattle SubSector
Provedor de dados: 31
Autores: Abidoye,   Babatunde O.; Lawrence,   John D.
The first step towards forecasting the price and output of the cattle industry is understanding the dynamics of the livestock production process. This study follows up on the Weimar and Stillman (1990) paper by using data from 1970 to 2005 to estimate the parameters that characterizes the cattle output supply. The model is then used to estimate forecast values for the periods 2006 and 2007. Bayesian limited information likelihood method is used to estimate the parameters when endogeneity exists between these variables. The forecasting ability of the model for a two-step ahead forecast for majority of the variables are relatively good and test statistic of the forecast are reported.
Tipo: Conference Paper or Presentation
Palavras-chave: Cattle; Bayesian; Forecasting; Inventory; Slaughter; Agribusiness; Agricultural Finance; Financial Economics; Livestock Production/Industries; Marketing; Production Economics; Research Methods/ Statistical Methods.
Ano: 2009
URL: http://purl.umn.edu/53051

Impacts of Alternative Marketing Agreement Cattle Procurement Volumes on Packer Costs: Evidence from Plant-Level P&amp;L Data
Provedor de dados: 31
Autores: 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
Ano: 2007
URL: http://purl.umn.edu/37559

The Value of Information Provision at Iowa Feeder Cattle Auctions
Provedor de dados: 31
Autores: Bulut,   Harun; Lawrence,   John D.
Controlling a variety of feeder cattle characteristics, and market and sale conditions, we estimate that certified vaccinations claims along with at least 30 days weaning claims bring in a premium of $6.13/cwt, which is nearly two times of that for similar uncertified claims, compared to no vaccinations and weaning claims at all in Iowa feeder cattle auctions. This indicates that the third-party certification is supported in the market as a tool to signal quality in terms of vaccinations and weaning claims towards preconditioning.
Tipo: Conference Paper or Presentation
Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 2006
URL: http://purl.umn.edu/19004

RISK MANAGEMENT FOR LIVESTOCK PRODUCERS: HEDGING AND CONTRACT PRODUCTION
Provedor de dados: 31
Autores: Lawrence,   John D.; Kaylen,   Michael S.
Tipo: Working or Discussion Paper
Palavras-chave: Livestock Production/Industries; Risk and Uncertainty.
Ano: 1990
URL: http://purl.umn.edu/13496

The Value of Third-Party Certification of Preconditioning Claims at Iowa Feeder Cattle Auctions
Provedor de dados: 31
Autores: Bulut,   Harun; Lawrence,   John D.
After controlling a variety of feeder cattle characteristics and market and sale conditions, we estimate the price premiums for preconditioning (vaccinations and minimum 30 days weaning) claims with and without third-party certification (TPC) as $6.15/cwt and $3.40/cwt, respectively, in Iowa feeder cattle auctions. These premiums differ statistically (p-value less than 0.0001) and their difference exceeds the additional participation cost of TPC ($1/cwt) on average. This indicates that the third party certification is valued in the market to credibly signal preconditioning investment under asymmetric information.
Tipo: Working or Discussion Paper
Palavras-chave: Livestock Production/Industries.
Ano: 2006
URL: http://purl.umn.edu/18223

Creating a Geographically Linked Brand for High-Quality Beef: A Case Study
Provedor de dados: 31
Autores: Clemens,   Roxanne; Lawrence,   John D.; Hayes,   Dermot J.; Babcock,   Bruce A.
Worldwide, a segment of consumers can afford to pay substantial price premiums for very high quality agricultural products with attributes those consumers value. At the same time, many U.S. farmers are producing these high-quality products but are not using market mechanisms that allow them to take fullest advantage of price premiums. This paper describes a pilot program developed to commercialize an origin-based collective brand for very high quality beef. We hypothesize that, if successful, the program would create potential for cattle producers to take fuller advantage of price premiums often captured elsewhere in the marketing channel. Specifically, the pilot program analyzed two mechanisms for differentiating and marketing very high quality beef: a...
Tipo: Working or Discussion Paper
Palavras-chave: Certification mark; Collective brands; Consumer assurance; Geographic origin; Process verification; Marketing.
Ano: 2007
URL: http://purl.umn.edu/8509

CHANGES IN LIVESTOCK MARKETING AND PACKING INDUSTRIES: UNITED STATES, UPPER NORTH CENTRAL REGION, AND MINNESOTA
Provedor de dados: 31
Autores: Lawrence,   John D.; Bjornstad,   Even.
Tipo: Working or Discussion Paper
Palavras-chave: Livestock Production/Industries.
Ano: 1991
URL: http://purl.umn.edu/13796

Production and Marketing Characteristics of U.S. Pork Producers, 2006
Provedor de dados: 31
Autores: Lawrence,   John D.; Grimes,   Glenn.
Tipo: Working or Discussion Paper
Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 2007
URL: http://purl.umn.edu/92634

Economic Analysis of Pharmaceutical Technologies in Modern Beef Production
Provedor de dados: 31
Autores: 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

Fueling Ethanol: Implications for Livestock Producers (PowerPoint)
Provedor de dados: 31
Autores: Lawrence,   John D.
Tipo: Conference Paper or Presentation
Palavras-chave: Livestock Production/Industries; Resource /Energy Economics and Policy.
Ano: 2007
URL: http://purl.umn.edu/8073

Feed Grains and Livestock: Impacts on Meat Supplies and Prices
Provedor de dados: 31
Autores: Lawrence,   John D.; Mintert,   James R.; Anderson,   John D.; Anderson,   David P.
Tipo: Journal Article
Palavras-chave: Demand and Price Analysis; Livestock Production/Industries; Q11.
Ano: 2008
URL: http://purl.umn.edu/94644

Sorting Cattle with Accumulated Data: What is the Accuracy and Economics
Provedor de dados: 31
Autores: 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

Purchasing Patterns of Hog Producers: Implications for Rural Agribusiness
Provedor de dados: 31
Autores: Lawrence,   John D.; Otto,   Daniel M.; Meyer,   Seth D.
The consolidation of pork production into fewer and larger operations has implications for rural agribusiness that have traditionally serviced producers. This study examines purchasing patterns of existing pork producers for production inputs by size of operation. Distance traveled to purchase inputs and reasons for bypassing the nearest supplier are evaluated as are the characteristics to be competitive in the pork industry are those most likely to bypass the local supplier.
Tipo: Journal Article
Palavras-chave: Rural business; Pork production; Purchasing decisions; Agribusiness; Livestock Production/Industries.
Ano: 1997
URL: http://purl.umn.edu/90401

Quality Management and Information Transmission in Cattle Markets: A Case Study of the Chariton Valley Beef Alliance
Provedor de dados: 31
Autores: Hueth,   Brent; Lawrence,   John D.
Tipo: Working or Discussion Paper
Palavras-chave: Livestock Production/Industries.
Ano: 2002
URL: http://purl.umn.edu/18291

Churning Out the Links: Vertical Integration in the Beef and Pork Industries
Provedor de dados: 31
Autores: Hayenga,   Marvin L.; Schroeder,   Ted C.; Lawrence,   John D.
Tipo: Journal Article
Palavras-chave: Industrial Organization; Livestock Production/Industries.
Ano: 2002
URL: http://purl.umn.edu/93760

Information Transmission in Cattle Markets: A Case Study of the Chariton Valley Beef Alliance
Provedor de dados: 31
Autores: Hueth,   Brent; Lawrence,   John D.
The declining share of beef in total U.S. meat consumption has motivated industry-wide efforts to improve average beef quality through more effective coordination among the various market participants. Increased use of explicit grid pricing mechanisms over the last decade represents initial efforts at improved coordination. More recent efforts include animal-specific carcass data collection, with subsequent transmission to feeders and the relevant cow/calf operations, and improved source verification procedures aimed at (among other things) reducing the overall cost of medical treatment for live animals. None of these organizational innovations is costless, and indeed a number of significant barriers must be overcome before more widespread adoption of such...
Tipo: Journal Article
Palavras-chave: Marketing; Production Economics; Cattle and beef markets; Information transmission; Producer alliance.
Ano: 2006
URL: http://purl.umn.edu/57703

Meat Processors Purchasing and Sale Practices: Lessons Learned from the GIPSA Livestock and Meat Marketing Study
Provedor de dados: 31
Autores: 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

ASSESSING THE COST OF BEEF QUALITY
Provedor de dados: 31
Autores: Forristall,   Cody; May,   Gary J.; Lawrence,   John D.
The number of U.S. fed cattle marketed through a value based or grid marketing system is increasing dramatically. Most grids reward Choice or better quality grades and some pay premiums for red meat yield. The Choice-Select (C-S) price spread increased 55 percent, over $3/cwt between 1989-91 and 1999-01. However, there is a cost associated with pursuing these carcass premiums. This paper examines these tradeoffs both in the feedlot and in a retained ownership scenario. Correlations between carcass and performance traits resulted in economic tradeoffs that change across input costs and quality grade premiums and discounts. Feedlot profitability was largely determined by marbling, carcass weight, and feed efficiency. Carcass weight was most important at a...
Tipo: Conference Paper or Presentation
Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 2002
URL: http://purl.umn.edu/19060

A DECISION MODEL TO ASSESS CATTLE FEEDING PRICE RISK
Provedor de dados: 31
Autores: May,   Gary J.; Lawrence,   John D.
Traditional break-even/fed cattle price projections do not provide adequate risk information to feeders, investors, lenders, and other stakeholders interested in cattle feeding decisions. The objectives of this study were two-fold: 1) develop a spreadsheet model that could estimate the net income distribution surrounding a cattle placement decision based on historical errors of futures based price forecasts, and 2) determine whether information generated from the model can be used to improve placement and marketing decisions. To accomplish objective 1, model was developed that could estimate the income distribution around a pen of cattle under a cash speculating and short hedge pricing strategy. Distribution estimates were based on 7 alternative forecast...
Tipo: Conference Paper or Presentation
Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 2002
URL: http://purl.umn.edu/19067

An Economic Evaluation of Forecasts of Relevance to Agribusinesses and Agricultural Lenders (PowerPoint)
Provedor de dados: 31
Autores: Lence,   Sergio H.; Wu,   Jingtao; Lawrence,   John D.
Tipo: Journal Article
Palavras-chave: Agribusiness; Agricultural Finance.
Ano: 2008
URL: http://purl.umn.edu/48135

Assessing the Cost of Beef Quality Revisited (PowerPoint)
Provedor de dados: 31
Autores: Ibarburu-Blanc,   Maro A.; Lawrence,   John D.; Busby,   Darrell; Strohbehn,   Daryl.
Tipo: Conference Paper or Presentation
Palavras-chave: Livestock Production/Industries.
Ano: 2010
URL: http://purl.umn.edu/93537

Fundamental Forces Affecting Livestock Producers
Provedor de dados: 31
Autores: Lawrence,   John D.; Mintert,   James R.
Tipo: Journal Article
Palavras-chave: Market Forces; Livestock Production; Porter’s Five Forces; Agribusiness; Livestock Production/Industries; L10; L22; L80; Q13.
Ano: 2011
URL: http://purl.umn.edu/104212

Pork Production in Iowa: An Industry at a Crossroads
Provedor de dados: 31
Autores: Hayes,   Dermot J.; Otto,   Daniel M.; Lawrence,   John D.
Tipo: Working or Discussion Paper
Palavras-chave: Livestock Production/Industries.
Ano: 1996
URL: http://purl.umn.edu/18293

Differences in Prices and Price Risk across Alternative Marketing Arrangements Used in the Fed Cattle Industry
Provedor de dados: 31
Autores: 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

PRODUCTION AND MARKETING CHARACTERISTICS OF U.S. PORK PRODUCERS, 1997-1998
Provedor de dados: 31
Autores: Lawrence,   John D.; Grimes,   Glenn; Hayenga,   Marvin L.
The U.S. pork production sector continues to consolidate rapidly.  In the decade between 1988-1997 hog operations marketing 50,000 or more hogs a year increased their share of U.S. production from 7 to 37 percent.  The share from operations marketing less than 1,000 hogs annually declined from 32 to 5 percent.  However, the loss of farms beyond the very smallest category has not been as severe as typically believed. The consolidation is expected to continue as larger operations continue to be earlier adopters of technology and have taken greater steps to secure market access than have smaller farms.  Fifty-seven percent of the hogs in 1997 were procured by processors outside the traditional spot market.  It is estimated that the 1998 number is...
Tipo: Working or Discussion Paper
Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 1998
URL: http://purl.umn.edu/18258

Economics of Increased Beef Grader Accuracy
Provedor de dados: 31
Autores: 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

Production and Marketing Characteristics of U.S. Pork Producers – 2003
Provedor de dados: 31
Autores: Boessen,   Christian R.; Lawrence,   John D.; Grimes,   Glenn.
Tipo: Working or Discussion Paper
Palavras-chave: Livestock Production/Industries.
Ano: 2004
URL: http://purl.umn.edu/92653

FACTORS THAT INFLUENCE PRICES PRODUCERS RECEIVE FOR HOGS: STATISTICAL ANALYSIS OF KILLSHEET AND SURVEY DATA
Provedor de dados: 31
Autores: Lawrence,   John D.
This paper evaluates the results of a survey of Iowa pork producers, examining potential price discrimination by packers. Prices varied greatly across producers, and the examined variables explain just over half of the variation.  Factors under the producer's control were the most significant variables and accounted for the vast majority of the explainable difference in price among producers. Packer buying systems also accounted for some difference in producer prices.  Finally, variables related to operation size, while statistically significant, increased the explanatory values of the equation very little.
Tipo: Working or Discussion Paper
Palavras-chave: Market access; Carcass merit; Hog marketing; Price determination; Price discrimination; Demand and Price Analysis; Livestock Production/Industries.
Ano: 1996
URL: http://purl.umn.edu/18276

U.S. Consumers’ Valuation of Quality Attributes in Beef Products
Provedor de dados: 31
Autores: Abidoye,   Babatunde O.; Bulut,   Harun; Lawrence,   John D.; Mennecke,   Brian; Townsend,   Anthony M.
A sample of U.S. consumers were surveyed in a choice based experiment in the Fall of 2005 and Spring 2006 to elicit consumers’ preferences for quality attributes in beef products. Based on the resulting data, a random coefficients logit model is estimated, and consumers’ willingness to pay for these quality attributes in beef products is obtained. The results indicate that consumers have strong valuation for traceability, grass-fed, and U.S. origin attributes in a standard rib-eye steak and are willing to pay a premium for these attributes.
Tipo: Journal Article
Palavras-chave: Choice experiment; Conjoint analysis; Quality attributes; Random parameters; Consumer/Household Economics; Marketing; Q10; Q1.
Ano: 2011
URL: http://purl.umn.edu/100645

Information Transmission in Cattle Markets: A Case Study of the Chariton Valley Beef Alliance
Provedor de dados: 31
Autores: Hueth,   Brent; Lawrence,   John D.
The declining share of beef in total U.S. meat consumption has motivated industry-wide efforts to improve average beef quality through more effective coordination among the various market participants. Increased use of explicit grid pricing mechanisms over the last decade represents initial efforts at improved coordination. More recent efforts include animal-specific carcass data collection, with subsequent transmission to feeders and the relevant cow/calf operations, and improved source verification procedures aimed at (among other things) reducing the overall cost of medical treatment for live animals. None of these organizational innovations is costless, and indeed a number of significant barriers must be overcome before more widespread adoption of such...
Tipo: Journal Article
Palavras-chave: Cattle and beef markets; Information transmission; Producer alliance; Livestock Production/Industries; Marketing.
Ano: 2006
URL: http://purl.umn.edu/57704