The economic impacts of a ban on subtherapeutic antibiotics in swine production
Article Abstract:
The effect of banning supplemental antibiotics on swine production and consumption was investigated by determining surpluses for both producers and consumers, using a supply and demand equation. Antibiotics enhance production by increasing the feed conversion rate and decreasing mortality, allowing for higher supply and lower prices. On the other hand, the ban on antibiotics will increase consumer confidence and, consequently, increase demand. This increase in the demand for pork is presumed to offset the expected losses due to the ban on the use of antibiotics.
Publication Name: Agribusiness
Subject: Business
ISSN: 0742-4477
Year: 1992
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An evaluation of hog carcass merit pricing system
Article Abstract:
It is recommended that pork packers price hogs according to the merits of their carcasses, to ensure that producers have an incentive to provide buyers with hogs of the best possible value to consumers. Guidelines established by the National Pork Producers Council for rating hogs based on backfat and weight are useful for rating hogs' end-merit. A study of pork packers showed that not all packers follow these guidelines when pricing hogs, and therefore are not pricing according to end-merit.
Publication Name: Agribusiness
Subject: Business
ISSN: 0742-4477
Year: 1993
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Motivations for exiting hog production in the 1990s and incentives for re-entry
Article Abstract:
Results of telephone interviews with 849 Iowa farmers who quit breeding hogs in 1992 or later showed that their decision to abandon the swine business was motivated by economic reasons. Moreover, the survey revealed that they do not intend to go back to this line of business as part of a network or as contract grower because they valued their independence. These farmers may be convinced to return only if operating margins become higher and restrictions on competition are enforced.
Publication Name: Agribusiness
Subject: Business
ISSN: 0742-4477
Year: 1998
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