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Registros recuperados: 25 | |
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Umberger, Wendy J.; Feuz, Dillon M.; Calkins, Chris R.; Killinger, Karen M.. |
This paper was presented at the INTERNATIONAL TRADE IN LIVESTOCK PRODUCTS SYMPOSIUM in Auckland, New Zealand, January 18-19, 2001. The Symposium was sponsored by: the International Agricultural Trade Research Consortium, the Venture Trust, Massey University, New Zealand, and the Centre for Applied Economics and Policy Studies, Massey University. Dietary changes, especially in developing countries, are driving a massive increase in demand for livestock products. The objective of this symposium was to examine the consequences of this phenomenon, which some have even called a "revolution." How are dietary patterns changing, and can increased demands for livestock products be satisfied from domestic resources? If so, at what cost? What will be the flow-on... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Consumer/Household Economics; Demand and Price Analysis. |
Ano: 2001 |
URL: http://purl.umn.edu/14543 |
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Umberger, Wendy J.; Feuz, Dillon M.; Calkins, Chris R.; Sitz, Bethany M.. |
In 2002, Chicago and Denver consumers were surveyed and participated in an experimental auction to elicit willingness to pay for country-of-origin labeling (COOL) of beef. Survey results indicate the majority of consumers (73%) were willing to pay an 11% and 24% premium for COOL of steak and hamburger, respectively. In the auction, consumers were willing to pay a 19% premium for steak labeled "U.S.A. Guaranteed: Born and Raised in the U.S." Food-safety concerns, preferences for labeling source and origin information, a strong desire to support U.S. producers, and beliefs that U.S. beef was of higher quality were reasons consumers preferred COOL. |
Tipo: Journal Article |
Palavras-chave: Consumer/Household Economics. |
Ano: 2003 |
URL: http://purl.umn.edu/27050 |
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Liang, Chyi-Lyi (Kathleen); Feuz, Dillon M.; Taylor, R. Garth. |
Dry bean prices, as received by the grower and the dealer, were analyzed for four different production regions, and for two of the major varieties grown in the US. The dry bean price series were not stationary. Prices for each variety were cointegrated across the production regions and between grower and dealer markets. However causality tests failed to show the dominant regional variety as the price leader. Further, prices of the two varieties were not cointegrated, which indicated that growers would benefit from growing more than one variety at the same time. |
Tipo: Journal Article |
Palavras-chave: Crop Production/Industries; Demand and Price Analysis. |
Ano: 1998 |
URL: http://purl.umn.edu/34517 |
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Feuz, Dillon M.; Umberger, Wendy J.; Calkins, Chris R.; Sitz, Bethany M.. |
In a study of beef quality, consumers tasted steak samples and participated in an experimental auction to determine their willingness to pay. Steaks differed in marbling, tenderness, country of origin, and aging method. Marbling and tenderness had statistically significant impacts on consumers' palatability ratings for steaks. Tenderness significantly impacted consumers' willingness-to pay values. There appear to be threshold levels of marbling and tenderness, below which consumers discount steaks. Steaks from Australia were rated lower for overall acceptability, and bids were lower than for the U.S. steak samples. Dry-aging methods negatively impacted taste panel ratings and bids. |
Tipo: Journal Article |
Palavras-chave: Beef; Country of origin; Experimental auctions; Marbling; Tenderness; Consumer/Household Economics. |
Ano: 2004 |
URL: http://purl.umn.edu/30913 |
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Fausti, Scott W.; Feuz, Dillon M.; Wagner, John J.. |
The U.S. beef industry has been struggling with the erosion of domestic market share relative to pork and poultry for several decades. Many factors may have contributed to this shrinkage, including the industrial organization of the domestic beef industry. A discussion of the institutional structure of beef production in the U.S., and the cash market for fed cattle, as possible contributing factors to the decline in beef's competitive position is provided. In the literature, a consensus agrees that average pricing of fed cattle in the cash market has contributed to beef's diminished competitive position. One solution to the average pricing problem which has gained widespread support is the idea of implementing a value based marketing system (VBMS); to... |
Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries; Marketing. |
Ano: 1998 |
URL: http://purl.umn.edu/34320 |
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Feuz, Dillon M.; Fausti, Scott W.; Wagner, John J.. |
Incomplete information generates uncertainty for market participants in the slaughter-cattle market. Buyer and seller behavior in the presence of that uncertainty is examined. Statistically significant risk premiums are charged by packers when buying slaughter cattle on either a live- or dressed-weight basis compared to buying on a grade-and-yield basis. Pratt-Arrow risk-aversion coefficients are calculated for buyers and these remain constant over all marketing methods. Sellers market cattle under all three marketing methods, suggesting producers' attitudes toward risk (risk-aversion coefficients) vary. |
Tipo: Journal Article |
Palavras-chave: Risk and Uncertainty. |
Ano: 1995 |
URL: http://purl.umn.edu/30935 |
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Feuz, Dillon M.. |
There is concern in the beef industry that present marketing practices may be impending the transmission of economic signals from consumers to producers. Presently, fed cattle may be sold on a show list, pen-by-pen, or on an individual head basis, and may be priced using live weight, dressed weight, or grid or formula pricing. Market signals are more likely to reach producers if cattle are priced individually. Current value-based pricing are discussed. Three grid pricing systems are evaluated over six marketing dates using data from 5,520 head of fed cattle. Each of the grids do send the anticipated pricing signals in that marbling and leanness are rewarded. However, the magnitudes of the price signals vary over time and across grids. |
Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
Ano: 1999 |
URL: http://purl.umn.edu/30798 |
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Umberger, Wendy J.; Feuz, Dillon M.; Calkins, Chris R.; Sitz, Bethany M.. |
In 2002, consumers from Chicago and Denver participated in an experimental auction and taste panel to elicit willingness to pay for beef originating from the United States, Australia and Canada. Approximately 69% of the consumers were willing to pay a premium of 19% more for a Guaranteed U.S steak than for an unlabeled steak. When comparing consumers taste preferences for beef originating from various countries of origin, it appears that a segment of the population prefers the taste and is willing to pay a premium for beef originating from Australia. A larger segment of the experimental population, 34% of the consumers, preferred the taste and was willing to pay a premium for the Canadian steak. However, on average, consumers were willing to pay... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Consumer/Household Economics; Food Consumption/Nutrition/Food Safety. |
Ano: 2003 |
URL: http://purl.umn.edu/16606 |
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Registros recuperados: 25 | |
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