IDEAS home Printed from https://ideas.repec.org/a/ags/jlaare/46562.html
   My bibliography  Save this article

Carcass Quality and Genetic Selection in the Beef Industry

Author

Listed:
  • Vanek, Joseph K.
  • Watts, Myles J.
  • Brester, Gary W.

Abstract

A lack of high-quality beef has been cited as one of the primary factors for the 50% decline in beef demand from the mid-1970s to the last 1990s. Cattle producers argue that appropriate price premiums are not sufficient to encourage the production of high-quality cattle. Although some improvement in carcass quality can be made by the cattle feeding and processing sectors, substantial improvements in quality must include genetic progress. A hedonic analysis of four major U.S. beef seedstock producers indicates that bull purchasers place relatively high values on a bull’s ability to produce progeny with improved carcass-quality traits.

Suggested Citation

  • Vanek, Joseph K. & Watts, Myles J. & Brester, Gary W., 2008. "Carcass Quality and Genetic Selection in the Beef Industry," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 33(3), pages 1-15.
    • Handle: RePEc:ags:jlaare:46562
    DOI: 10.22004/ag.econ.46562
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/46562/files/Vanek.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.46562?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Dhuyvetter, Kevin C. & Schroeder, Ted C. & Simms, Danny D. & Bolze, Ronald P., Jr. & Geske, Jeremy, 1996. "Determinants Of Purebred Beef Bull Price Differentials," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 21(2), pages 1-15, December.
    2. Bulut, Harun & Lawrence, John D., 2007. "The Value of Third-Party Certification of Preconditioning Claims at Iowa Feeder Cattle Auctions," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 39(3), pages 625-640, December.
    3. George W. Ladd & Marvin B. Martin, 1976. "Prices and Demands for Input Characteristics," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(1), pages 21-30.
    4. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
    5. Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74(2), pages 132-132.
    6. Johnson, Heather C. & Ward, Clement E., 2005. "Market Signals Transmitted by Grid Pricing," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 30(3), pages 1-19, December.
    7. Gillespie, Jeffrey M. & Bu, Angel & Boucher, Robert W. & Choi, Won-Jun, 2006. "Case Studies of Strategic Alliances in U.S. Beef Production," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 24(2), pages 1-24.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Smith, Katy V. & DeLong, Karen L. & Griffith, Andrew P. & Boyer, Christopher N. & Martinez, Charley & Jensen, Kimberley L., 2023. "Cow-Calf Producer Preferences for Bull Genomic Enhanced Expected Progeny Differences," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 48(3), September.
    2. Lambert, David K., 2008. "The expected utility of genetic information in beef cattle production," Agricultural Systems, Elsevier, vol. 99(1), pages 44-52, December.
    3. Siebert, John W. & Jones, Clay, 2013. "A Case Study on Building the Certified Angus Beef® Brand," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 16(3), pages 1-14, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Calil, Yuri Clements Daglia & Ribera, Luis A. & Anderson, David P. & Koury Filho, William, 2022. "Pure-bred Nellore Prices in Brazil: Morphological, Genetic, Physical, and Market Factors in Auctions," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 47(3), September.
    2. Smed, Sinne & Hansen, Lars Garn, 2018. "Consumer Valuation of Health Attributes in Food," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 43(2), May.
    3. Richards, Timothy J. & Jeffrey, Scott R., 1995. "Hedonic Pricing of Dairy Bulls - An Alternative Index of Genetic Merit," Project Report Series 24035, University of Alberta, Department of Resource Economics and Environmental Sociology.
    4. Alessandro Bonanno, 2016. "A Hedonic Valuation of Health and Nonhealth Attributes in the U.S. Yogurt Market," Agribusiness, John Wiley & Sons, Ltd., vol. 32(3), pages 299-313, July.
    5. René Roy & Paul J. Thomassin, 2016. "Estimating a Natural Capital Account for Agricultural Land," CIRANO Working Papers 2016s-30, CIRANO.
    6. N. Koffi Amegbeto & Victor M. Manyong & Ousmane Coulibaly & Robert Asiedu, 2008. "Estimating market demand for fresh yam characteristics using contingent valuation: implications for crop breeding and production choices," Agricultural Economics, International Association of Agricultural Economists, vol. 39(3), pages 349-363, November.
    7. Edmeades, Svetlana, 2005. "A Hedonic Perspective to Estimating a Marginal Value Function for a Subsistence Crop," 2005 Annual meeting, July 24-27, Providence, RI 19500, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Johannes Daniël van der Merwe & Philippus Christoffel Cloete & Herman Daniël van Schalkwyk, 2016. "Factors Influencing the Competitiveness of the South African Wheat Industry: A Hedonic Price Model," Agrekon, Taylor & Francis Journals, vol. 55(4), pages 411-435, October.
    9. Smith, Travis A. & Huang, Chung L. & Lin, Biing-Hwan, 2009. "How Much are Consumers Paying for Organic Baby Food?," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 46748, Southern Agricultural Economics Association.
    10. Jordan, Jeffery L. & Shewfelt, R.L. & Prussia, S.E. & Myers, S., 1986. "Estimatin ihe Value of Peach Quality Characteristics Jeffrey L. Jordan, R. L. Shewfelt, S. E. Prussia, S. Myers," 1986 Annual Meeting, July 27-30, Reno, Nevada 278034, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    11. Ekanem, Enefiok P. & Sundquist, W. Burt, 1993. "Estimating Marginal Implicit Prices For Selected Quality Attributes Of Hybrid Seed Corn," Staff Papers 13473, University of Minnesota, Department of Applied Economics.
    12. Blank, Steven C. & Saitone, Tina L. & Sexton, Richard J., 2016. "Calf and Yearling Prices in the Western United States: Spatial, Quality, and Temporal Factors in Satellite Video Auctions," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 41(3), pages 1-23.
    13. Smith, Travis A. & Lin, Biing-Hwan & Huang, Chung L., 2008. "Organic Premiums of U.S. Fresh Produce," 2008 Conference, April 21-22, 2008, St. Louis, Missouri 37626, NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management.
    14. Allan F. Pinto & Brittney K. Goodrich & William Kelley & Max Runge, 2023. "Price determinants of bred heifers: Do reputations matter?," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 71(1), pages 5-23, March.
    15. Mitchell, James & Peel, Derrell S., 2016. "Price Determinants of Bred Cows in Oklahoma Auctions," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 230077, Southern Agricultural Economics Association.
    16. Roy, René & Thomassin, Paul J., 2014. "Estimating a Natural Capital Account for Agricultural Land," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170516, Agricultural and Applied Economics Association.
    17. Baxley, Jonathon & Parcell, Joe, 2016. "The Implications on Price Relationships when Quality Adjusting Commodity Prices," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 230132, Southern Agricultural Economics Association.
    18. Nolan, Elizabeth & Farrell, Terence & Ryan, Madeleine & Gibbon, Candice & Ahmadi-Esfahani, Fredoun Z., 2014. "Valuing quality attributes of Australian merino wool," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 58(3), July.
    19. Trojanek, Radoslaw & Huderek-Glapska, Sonia, 2018. "Measuring the noise cost of aviation – The association between the Limited Use Area around Warsaw Chopin Airport and property values," Journal of Air Transport Management, Elsevier, vol. 67(C), pages 103-114.
    20. DESBOIS, Dominique, 2015. "La qualité du lait a-t-elle un prix ? Une estimation hédonique de la valeur des attributs spécifiques du lait de vache," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement (RAEStud), Institut National de la Recherche Agronomique (INRA), vol. 96(3), September.

    More about this item

    Keywords

    Livestock Production/Industries;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:jlaare:46562. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/waeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.