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The Impact Of A New Grading System On The Beef Cattle Industry: The Case Of Canada

Author

Listed:
  • Considine, Jennifer I.
  • Kerr, William A.
  • Smith, Gregory R.
  • Ulmer, S. Monica

Abstract

Changes in the grading systems of agricultural commodities will lead to considerable adjustment costs. In 1972 Canada introduced a change in its grading system for beef. The period of adjustment for beef producers has been in excess of ten years. The observed pattern of adjustment for one of Canada's cattle-producing areas is discussed and the costs associated with the adjustment process estimated. Some measures to reduce the costs of adjustment are outlined.

Suggested Citation

  • Considine, Jennifer I. & Kerr, William A. & Smith, Gregory R. & Ulmer, S. Monica, 1986. "The Impact Of A New Grading System On The Beef Cattle Industry: The Case Of Canada," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 11(2), pages 1-11, December.
    • Handle: RePEc:ags:wjagec:32257
    DOI: 10.22004/ag.econ.32257
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    References listed on IDEAS

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    1. Robert L. Mansell & Robert W. Wright & William A. Kerr, 1984. "An Economic Evaluation of Formula Pricing for Fluid Milk," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 32(1), pages 3-24, March.
    2. Pinhas Zusman, 1967. "A Theoretical Basis for Determination of Grading and Sorting Schemes," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 49(1_Part_I), pages 89-106.
    3. Kerr, William A., 1984. "Selective Breeding, Heritable Characteristics And Genetic-Based Technological Change In The Canadian Beef Cattle Industry," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(1), pages 1-15, July.
    4. Daniel C. Quan & William A. Kerr, 1983. "Truncated Estimates for Incomplete Technical Change in the Canadian Cattle Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(3), pages 581-586.
    5. Paul L. Farris, 1960. "Uniform Grades and Standards, Product Differentiation and Product Development," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 42(4), pages 854-863.
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    Cited by:

    1. Hobbs, Jill E. & Kerr, William A., 1998. "Structural Developments In The Canadian Livestock Subsector: Strategic Positioning Within The Continental Market," Proceedings of the 4th Agricultural and Food Policy Systems Information Workshop 1998: Economic Harmonization in the Canadian\U.S.\Mexican Grain-Livestock Subsector; 16760, Farm Foundation, Agricultural and Food Policy Systems Information Workshops.
    2. Freeze, Brian S. & Hironaka, R., 1990. "Effect Of Form Of Hay And Carcass Quality On The Economics Of Concentrate: Hay Substitution In Cattle Feedlot Diets," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 15(2), pages 1-12, December.

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    Livestock Production/Industries;

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