A Comparative Assessment of the Broiler:Corn Ratio and Its Impact on Broiler Processors' Profitability
AbstractInput prices for broiler production, particularly corn, are becoming increasingly volatile due to increasing competition for corn from ethanol and biofuels production suggesting volatility in poultry profits will follow indicator of profits relating feed input prices and broiler meat output prices, such as a Broiler:corn ratios. Total chicken exports, total chicken ready-to-cook production, number of eggs set, number of chicks placed, and cold storage chicken inventory are used to estimate. Utilizing a distributed lag model, seventeen years of data for three Broiler:corn ratios, broiler exports, egg set, chick placements, cold storage stocks, and ready-to-cook broiler production were utilized to estimate stock share price for four major broiler producers.
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Bibliographic InfoPaper provided by Southern Agricultural Economics Association in its series 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas with number 6665.
Date of creation: 2008
Date of revision:
Demand and Price Analysis; Livestock Production/Industries;
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- Goodwin, Harold L., Jr. & McKenzie, Andrew M. & Djunaidi, Harjanto, 2003. "Which Broiler Part is the Best Part?," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 35(03), December.
- Matthew T. Holt & Lee A. Craig, 2006. "Nonlinear Dynamics and Structural Change in the U.S. Hog—Corn Cycle: A Time-Varying STAR Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 88(1), pages 215-233.
- repec:jaa:jagape:v:35:y:2003:i:3:p:483-495 is not listed on IDEAS
- Baker, Allen & Zahniser, Steven, 2007. "Ethanol Reshapes the Corn Market," Amber Waves, United States Department of Agriculture, Economic Research Service, May.
- Baker, Allen & Zahniser, Steven, 2006. "Ethanol Reshapes the Corn Market," Amber Waves, United States Department of Agriculture, Economic Research Service, April.
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