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Present beef marketing practices may be impeding the transmission of economic signals from consumers to producers. Three grid pricing systems are evaluated over six marketing dates. Each grid sends the anticipated pricing signals in that marbling and leanness are rewarded. Magnitudes of price...
Persistent link: https://www.econbiz.de/10005483564
As producers move toward intensive dryland cropping systems, the potential for inequities in cropshare lease arrangements exists. A whole farm budget was developed to evaluate returns for landowner and tenant from different cropshare lease arrangements. Results suggest that cropshare lease...
Persistent link: https://www.econbiz.de/10005483571
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...
Persistent link: https://www.econbiz.de/10005484171
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Persistent link: https://www.econbiz.de/10005581836
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...
Persistent link: https://www.econbiz.de/10005310984
Persistent link: https://www.econbiz.de/10005327451
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'...
Persistent link: https://www.econbiz.de/10005330394
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...
Persistent link: https://www.econbiz.de/10005041176
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...
Persistent link: https://www.econbiz.de/10005041594
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...
Persistent link: https://www.econbiz.de/10005060379