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| Costa, Ecio de Farias; Houston, Jack E.; Gunter, Lewell F.; Pesti, Gene M.. |
| Increased emphasis on consumer markets in broiler profit-maximizing modeling generates results that differ from those of traditional profit-maximization models. This approach reveals that the adoption of step-pricing and consideration of marketing options (examples of responsiveness to consumers) affect the optimal feed-formulation levels and types of broiler production to generate maximum profitability. With the adoption of step-pricing, higher profits can be obtained for targeted weights only if premium prices for broiler products are contracted. |
| Tipo: Journal Article |
Palavras-chave: Consumer/Household Economics. |
| Ano: 2002 |
URL: http://purl.umn.edu/26832 |
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| Miller, Bill R.; Arraes, Ronaldo de Albuquerque e; Pesti, Gene M.. |
| Least cost feed mix by linear programming (LP) is a standard economic analysis in the poultry industry. A significant body of nutrition knowledge is now contained in the constraint set of industry LP models. This knowledge might be merged into an improved economic model that contains production response information. Analysis using a quadratic programming model indicated that a leading broiler firm could have improved economic efficiency by increasing protein density and reducing energy density of broiler finisher feed. If applicable industry wide, similar savings could be as high as $120 million per year. |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
| Ano: 1989 |
URL: http://purl.umn.edu/29454 |
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| Costa, Ecio de Farias; Houston, Jack E.; Gunter, Lewell F.; Pesti, Gene M.. |
| Adoption of consumer-market-oriented production on broiler profit-maximizing modeling generates results that differ from those traditionally used in profit maximization for broiler production. This model shows that the adoption of step-pricing and marketing options (examples of consumer-market-oriented decisions) modify the optimal levels and types of broiler production to generate maximum profitability. Thus optimal protein levels in the feed formulated exceed currently recommended levels and alternative protein sources are also allocated. The adoption of step-pricing to respond to consumer-market-oriented decisions shows that higher profits can be obtained for targeted weights only if premium prices for output are allocated. |
| Tipo: Journal Article |
Palavras-chave: Agribusiness; Consumer/Household Economics. |
| Ano: 2002 |
URL: http://purl.umn.edu/27639 |
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