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Economic Factors Determining Changes In Dressed Weights Of Live Cattle And Hogs

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  • Marsh, John M.

Abstract

Livestock dressed weights have experienced significant trends and volatility which affect wholesale production of red meats. An econometric model was used to estimate the impact of relative prices and technology on cattle and hog average dressed weights. For fed steers and heifers, the economic incentives affecting placement weights and weight added in feedlots were considered. Results indicate quarterly dressed weights of steers and heifers respond to contemporaneous profitability ratios and to lagged feeder prices, the effects being highly inelastic. Cow dressed weights also responded while hog dressed weights did not respond to profitability ratios. Technology changes may have accounted for about 83% of dressed weight growth for steers and about 62% for hogs from 1980-97.

Suggested Citation

  • Marsh, John M., 1999. "Economic Factors Determining Changes In Dressed Weights Of Live Cattle And Hogs," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 24(2), pages 1-14, December.
    • Handle: RePEc:ags:jlaare:30808
    DOI: 10.22004/ag.econ.30808
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    References listed on IDEAS

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    1. Mathews, Kenneth H., Jr. & Arnade, Carlos Anthony & Jones, Keithly G., 2008. "Derived Demand for Cattle Feeding Inputs," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 26(1), pages 1-20.
    2. Unterschultz, James R. & Jeffrey, Scott R. & Quagrainie, Kwamena K., 2000. "Value-Adding 20 Billion By 2005: Impact At The Alberta Farm Gate," Project Report Series 24049, University of Alberta, Department of Resource Economics and Environmental Sociology.
    3. McGuigan, S.M. & Nieuwoudt, W.L., 2002. "The Expected Consumption Of Protein Feed In South Africa By 2020," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 41(1).
    4. Mathews, Kenneth H. & Jones, Keithly G. & McConnell, Michael J. & Johnson, Rachel J., 2013. "Trade-adjusted measures of productivity increases in US hog production," Agricultural Systems, Elsevier, vol. 114(C), pages 32-37.
    5. Anderson, John D. & Trapp, James N., 2000. "Corn Price Effects On Cost Of Gain For Feedlot Cattle: Implications For Breakeven Budgeting," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 25(2), pages 1-11, December.

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    Keywords

    Livestock Production/Industries;

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