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Economic Impacts of Porcine Somatotropin on Midwest Hog Producers

Author

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  • Catharine M. Lemieux
  • James W. Richardson

Abstract

Porcine Somatotropin (PST) administered to feeder pigs has been shown to increase feed efficiency, ratio of lean meat to carcass weight, and market weight. Three representative grain-hog farms in the Midwest were simulated for five years to estimate the economic incentives for adopting PST. Larger-scale operations garnered greater increases in income from PST adoption than small- and medium-scale operations that adopted PST. Without a carcass merit premium, however, the economic benefits from adoption are merely sufficient to cover the costs of adoption.

Suggested Citation

  • Catharine M. Lemieux & James W. Richardson, 1989. "Economic Impacts of Porcine Somatotropin on Midwest Hog Producers," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 11(2), pages 171-181.
    • Handle: RePEc:oup:revage:v:11:y:1989:i:2:p:171-181.
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    File URL: http://hdl.handle.net/10.1093/aepp/11.2.171
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    Citations

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    Cited by:

    1. Richardson, James W. & Anderson, David P. & Peel, Derrell S. & Phillips, Mike, 1993. "Economic Incentives for PST Adoption by Midwest Hog Producers," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 25(2), pages 95-105, December.
    2. 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.
    3. Lazarus, William F., 1990. "Midwest Pork Producers' Characteristics And Planned Use Of Somatotropin," Staff Papers 14247, University of Minnesota, Department of Applied Economics.
    4. Lazarus, William F., 1990. "Midwest Pork Producers' Business Characteristics, Performance And Technology," Economic Reports 13042, University of Minnesota, Department of Applied Economics.
    5. Nyangito, Hezron O. & Richardson, James W. & Mundy, Darrell S. & Mukhebi, Adrian W. & Zimmel, Peter & Namken, Jerry, 1996. "Economic impacts of East Coast Fever immunization on smallholder farms, Kenya: a simulation analysis," Agricultural Economics, Blackwell, vol. 13(3), pages 163-177, February.
    6. Shuker, Iain G. & Apland, Jeffrey & Cornelius, Steven, 1990. "The Effects Of Porcine Somatotropin On The Consumption Of Soybean Meal," Staff Papers 13445, University of Minnesota, Department of Applied Economics.
    7. Nyangito, Hezron O. & Richardson, James W. & Mukhebi, Adrian W. & Zimmel, Peter & Namken, Jerry & Berry, Brian P., 1996. "Whole farm simulation analysis of economic impacts of East Coast Fever immunication strategies on mixed crop-livestock farms in Kenya," Agricultural Systems, Elsevier, vol. 51(1), pages 1-27.
    8. Lazarus, William F., 1990. "Productivity Variation Over Time In Minnesota Farrow-To-Finish Swine Operations," Staff Papers 13648, University of Minnesota, Department of Applied Economics.
    9. Apland, Jeffrey & Cornelius, Steven, 1990. "The Effects Of Porcine Somatotropin On Swine Feed Costs," Staff Papers 13463, University of Minnesota, Department of Applied Economics.

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