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Analysis of Marketing Margins under Food Recalls and BSE Outbreaks in the U.S. Beef Industry AgEcon
Dhoubhadel, Sunil P.; Castillo, Sergio C.; Capps, Oral, Jr..
It is generally observed that whenever there are cases of disease outbreaks or food recalls, there is a concomitant decline in commodity prices. However, it is still not clear what happens to price spreads among affected agents in the marketing chain. To shed light on this issue, we estimate the collective impact of Bovine Spongiform Encephalopathy (BSE) and food recalls on marketing margins associated with the U.S. beef industry over time. In previous research, the effects of these variables on the market demand of meat were estimated separately. By including these variables together in the same model specification we avoid the possibility of confounding their effects, and we are in position to obtain more precise estimates of elasticities of price...
Tipo: Conference Paper or Presentation Palavras-chave: Marketing margins; Elasticities of price transmission; BSE; Food recalls; U.S. beef industry; Agribusiness; Demand and Price Analysis; Marketing.
Ano: 2009 URL: http://purl.umn.edu/49386
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The U.S. Import of Beef: Substitute or Complement for Domestic Beef Production? AgEcon
Dhoubhadel, Sunil P.; Stockton, Matthew C..
U.S. beef producers have always been concerned that beef imports may depress prices. Consumer groups have held the opposite view. This research addresses this issue by assessing the impact of beef imports on wholesale domestic beef prices. This is done by estimating the flexibilities between domestic beef, choice and select grades, and imported beef at the wholesale level. No statistical evidence is found to support either producer or consumer view. This may be resultant of small import volumes of beef. Beef exports, however, have a statistically measurable effect on domestic beef prices, especially the select grade.
Tipo: Conference Paper or Presentation Palavras-chave: Beef imports; Flexibilities; Inverse demand; Substitutes; Wholesale beef prices; Agribusiness; Demand and Price Analysis; International Relations/Trade.
Ano: 2010 URL: http://purl.umn.edu/56509
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