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Manure Value And Liveweight Swine Decisions

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  • Roka, Fritz M.
  • Hoag, Dana L.

Abstract

Produced as a joint product, economic theory suggests that manure value could influence livestock management decisions such as herd size and optimal market weights. This study examines the concept of manure and its connection with optimal replacement age or market weight. A model of a swine finishing operation representative of North Carolina conditions is developed. Over the range of conditions considered, manure value is negative and does not affect market weights. The marginal per head change in manure value is small relative to the marginal per head change in net returns from pork production. Further, economies of scale with respect to irrigation cause manure value to increase with herd size.

Suggested Citation

  • Roka, Fritz M. & Hoag, Dana L., 1996. "Manure Value And Liveweight Swine Decisions," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 28(1), pages 1-10, July.
    • Handle: RePEc:ags:joaaec:15234
    DOI: 10.22004/ag.econ.15234
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    References listed on IDEAS

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    1. Govindasamy, Ramu & Liu, Donald & Kliebenstein, James, 1993. "Economic Impacts of Porcine Somatotropin on a Farrow-to-Finish Hog Farm Operation," ISU General Staff Papers 199302010800001247, Iowa State University, Department of Economics.
    2. Jean-Paul Chavas & James Kliebenstein & Thomas D. Crenshaw, 1985. "Modeling Dynamic Agricultural Production Response: The Case of Swine Production," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(3), pages 636-646.
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    Cited by:

    1. Kaplan, Jonathan D., 2001. "Prevention Versus Utilization Of Excess Nutrients From Animal Feeding Operations:The Case Of Managing Nutrient Uncertainty," 2001 Annual meeting, August 5-8, Chicago, IL 20533, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Tomislav Vukina, 2003. "The Relationship between Contracting and Livestock Waste Pollution," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 25(1), pages 66-88.
    3. Ribaudo, Marc & Agapoff, Jean, 2005. "Importance of Cost Offsets for Dairy Farms Meeting a Nutrient Application Standard," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 34(2), pages 1-12, October.
    4. Huang, Haixiao & Miller, Gay Y., 2003. "Manure Value, Pricing Systems, And Swine Production Decisions," 2003 Annual meeting, July 27-30, Montreal, Canada 22233, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Huang, Wen-Yuan & Magleby, Richard S. & Somwaru, Agapi, 2001. "The Economic Impacts Of Alternative Manure Management Regulations On Hog Farms In The Heartland: An Individual-Farm Analysis," 2001 Annual meeting, August 5-8, Chicago, IL 20676, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Leuck, Dale J. & Zering, Kelly D., 2003. "Manure Handling Costs And The Competitiveness Of Pork Production," 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama 35061, Southern Agricultural Economics Association.
    7. Boland, Michael A. & Preckel, Paul V. & Foster, Kenneth A., 1998. "Economic Analysis Of Phosphorus - Reducing Technologies In Pork Production," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 23(2), pages 1-15, December.
    8. Beckman, Jayson F. & Livingston, Michael J., 2012. "Effects of Manure Use and Use Restrictions on Variable Production Costs and Net Incomes for U.S. Corn Producers," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 44(1), pages 1-15, February.
    9. Nene, Gibson & Azzam, Azzeddine M. & Schoengold, Karina, 2009. "Environmental Regulations and the Structure of U.S. Hog Farms," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49395, Agricultural and Applied Economics Association.
    10. Beaulieu, Martin S. & Bedard, Frederic & Lanciault, Pierre, 2001. "Distribution and Concentration of Canadian Livestock," Agriculture and Rural Working Paper Series 28016, Statistics Canada.
    11. Fleming, Ronald A., 1998. "Using Setback Requirements As An Economic Incentive To Reduce Livestock Waste Odors," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20838, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    12. Huang, Haixiao & Miller, Gay Y., 2004. "Variability In Growth, Pig Weights And Hog Marketing Decisions," 2004 Annual meeting, August 1-4, Denver, CO 19952, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    13. Stonehouse, D. P. & de Vos, G. W. & Weersink, A., 2002. "Livestock manure systems for swine finishing enterprises," Agricultural Systems, Elsevier, vol. 73(3), pages 279-296, September.

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    Keywords

    Livestock Production/Industries;

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