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A Comparative Economic Analysis of the Swine Sector in the U.S. and Spain

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Author Info
Lence, Sergio H.
Luvaga, Ebby

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Abstract

The present study provides a comparative analysis of the pork in Spain and the U.S. In both countries, primary pork production has become much more “industrialized,” and environmental regulations, population density, and other factors induced the relocation of production facilities. Competitive forces and changing consumption habits have stimulated the vertical integration in the two countries as well. Many of Spain’s recent trends in consumption mimic the trends experienced earlier in the U.S. Among the most noticeable differences between the Spanish and U.S. pork sectors is Spaniards’ strong preference for pigmeat relative to other meats, and for cured pork products. The processing industry in Spain is much less concentrated than in the U.S. Also, in Spain there are thriving wholesale markets and a large proportion of retail sales are made through butcheries. On the other hand, in the U.S. there are institutional derivatives markets which have no counterpart in Spain.

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Publisher Info
Paper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number 12762.

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Date of creation: 20 Mar 2007
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Handle: RePEc:isu:genres:12762

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Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070
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Web page: http://www.econ.iastate.edu
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Related research
Keywords: comparative analysis pork industry Spain

Find related papers by JEL classification:
Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture

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