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Simulated Interregional Models of the Livestock-Meat Economy

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  • Crom, Richard J.

Abstract

Excerpt from the report Summary: Optimal interregional trade patterns for slaughter cattle and hogs, and beef and pork are determined under several alternative market conditions that might occur in the midseventies. Projections of cattle and hog production for slaughter, beef and pork consumption, slaughter capacity, transportation costs, and labor costs for slaughter in 26 regions of the continental United States provide the basic data for the model used. The spatial model developed and used by Judge, Havlicek, and Rizek in Research Bulletin 163 was used to determine the optimal flows of both livestock and meat. In this model, both livestock and meat transportation costs and slaughter labor costs are minimized, subject to the maximum slaughter capacity available in each region.

Suggested Citation

  • Crom, Richard J., 1967. "Simulated Interregional Models of the Livestock-Meat Economy," Agricultural Economic Reports 307345, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerser:307345
    DOI: 10.22004/ag.econ.307345
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