Analysis of Economically Optimal Nutrition and Marketing Strategies for PayleanÂ® Usage in Hog Production
AbstractAn approach to the development of the economically optimal dietary concentration of Paylean, duration of the Paylean feeding, and dietary lysine concentration for finishing hog production is presented. A simulation model describing daily growth of hogs under different Paylean and lysine concentration combinations was adapted for optimizing nutrition and marketing when feed is supplemented with Paylean. Net returns per pig space per day under four alternative payment schemes are maximized based on 10-year average price levels and production costs. Profitability of Paylean is investigated, and management strategies for swine production with Paylean are developed for two representative finishing operations.
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Bibliographic InfoArticle provided by Western Agricultural Economics Association in its journal Journal of Agricultural and Resource Economics.
Volume (Year): 28 (2003)
Issue (Month): 02 (August)
PayleanÂ®; actopamine; swine production; Food Consumption/Nutrition/Food Safety; Marketing;
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- Chavas, J. P. & Kliebenstein, James, 1985. "Modeling Dynamic Agricultural Production Response: The Case of Swine Production," Staff General Research Papers 10631, Iowa State University, Department of Economics.
- Brorsen, B. Wade & Akridge, Jay T. & Boland, Michael A. & Mauney, Sean & Forrest, John C., 1998. "Performance Of Alternative Component Pricing Systems For Pork," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 30(02), December.
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