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EFFECTS OF MEAT RECALLS ON FUTURES MARKET PRICES AgEcon
Lusk, Jayson L.; Schroeder, Ted C..
The number of meat recalls has increased markedly in recent years. Meat recalls have the potential to adversely affect short run demand for meat because of the associated decline in consumer confidence. This research examines the impact of beef and pork recalls on nearby daily live cattle and lean hog futures market prices, respectively. Results indicate that medium sized beef and large pork recalls that are a serious health concern have a marginally negative impact on short-term live cattle and lean hog futures prices, respectively. However, results are not robust across recall size and severity. This research suggests that if there is any systematic significant change in beef and pork demand due to meat recalls, it likely occurs over an extended period...
Tipo: Conference Paper or Presentation Palavras-chave: Meat recalls; Event study; Meat demand; Livestock Production/Industries; Marketing.
Ano: 2000 URL: http://purl.umn.edu/18925
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U.S. Meat Demand: Household Dynamics and Media Information Impacts AgEcon
Tonsor, Glynn T.; Mintert, James R.; Schroeder, Ted C..
This article uses national, quarterly data to examine U.S. meat demand using the Rotterdam model. We investigate the effect of multiple information indices linking different health concerns with diet, changes in household dynamics, and meat recall information. Medical journal articles linking iron, zinc, and protein with health and diet increase beef and poultry demand, whereas articles dealing with fat, cholesterol, and diet concerns reduce beef demand. Increasing consumption of food away from home enhances pork and poultry demand while reducing beef demand. Combined, these results provide a more complete and current understanding of the impact of multiple information factors faced by U.S. consumers.
Tipo: Journal Article Palavras-chave: Atkins diet; Female workforce; Food away from home; Food safety; Health concerns; Meat recalls; U.S. meat demand; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Livestock Production/Industries.
Ano: 2010 URL: http://purl.umn.edu/61056
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