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Optimal Hog Slaughter Weights Under Alternative Pricing Systems

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  • Boland, Michael A.
  • Preckel, Paul V.
  • Schinckel, Allan P.

Abstract

Three hog genotypes are simulated to determine how producer profits, economically optimal slaughter weights, and carcass component weights change under three pricing models. Live weight pricing pays more for the fatter barrows whereas a three component (separate payments for fat, lean, and byproducts) and six component (separate payments for major primal cuts, other lean, fat, and byproducts) pricing system pay more for the leaner gilts. Implications for selection of genetic stock and pricing system are presented.

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File URL: http://purl.umn.edu/15033
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Bibliographic Info

Article provided by Southern Agricultural Economics Association in its journal Journal of Agricultural and Applied Economics.

Volume (Year): 25 (1993)
Issue (Month): 02 (December)
Pages:

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Handle: RePEc:ags:joaaec:15033

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Web page: http://www.saea.org/jaae/jaae.htm
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Related research

Keywords: Swine production management; Hog pricing systems; Hog marketing; Livestock Production/Industries;

References

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  1. Kennedy, John O.S. & Rofe, B.H. & Greig, I.D. & Hardaker, J. Brian, 1976. "Optimal Feeding Policies For Broiler Production: An Application Of Dynamic Programming," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 20(01), April.
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Cited by:
  1. 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).
  2. Parsons, Jay R. & Hoag, Dana L. & Frasier, W. Marshall & Koontz, Stephen R., 2002. "Variable Growth Impacts On Optimal Market Timing In All-Out Production Systems," 2002 Annual Meeting, July 28-31, 2002, Long Beach, California 36610, Western Agricultural Economics Association.
  3. Boland, Michael A. & Foster, Kenneth A. & Preckel, Paul V., 1999. "Nutrition And The Economics Of Swine Management," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 31(01), April.
  4. Parsons, Jay R. & Hoag, Dana L. & Koontz, Stephen R., 2001. "Economics Of Variable Swine Growth," 2001 Annual Meeting, July 8-11, 2001, Logan, Utah 36082, Western Agricultural Economics Association.
  5. Greer, Heather C. & Trapp, James N., 2000. "Impact Of Alternative Grid Pricing Structures On Cattle Marketing Decisions," 2000 Conference, April 17-18 2000, Chicago, Illinois 18926, NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management.
  6. 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).

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