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Economic Impacts of Zilmax(R) Adoption in Cattle Feeding

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  • Schroeder, Ted C.
  • Tonsor, Glynn T.

Abstract

The Food and Drug Administration recently approved the feeding of Zilmax(R) for cattle in the United States. This study determines direct net return benefits for early-adopting cattle feeders and beef packers. In addition, longer-run producer and consumer surplus measures are estimated as adoption impacts market prices and quantities. After markets adjust, cow-calf producers, cattle feeders, and consumers will gain from adopting the new technology.

Suggested Citation

  • Schroeder, Ted C. & Tonsor, Glynn T., 2011. "Economic Impacts of Zilmax(R) Adoption in Cattle Feeding," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 36(3), pages 1-15.
    • Handle: RePEc:ags:jlaare:119178
    DOI: 10.22004/ag.econ.119178
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