IDEAS home Printed from https://ideas.repec.org/a/ags/ifaamr/34507.html
   My bibliography  Save this article

Economics Of Soybean Biotechnology In The Livestock Industry

Author

Listed:
  • Chung, Chanjin
  • Pettigrew, James E.

Abstract

Using a linear programming model, this study evaluates the effects of commercializing new biotech-soybean varieties on the livestock producers' feed costs and formulations. Major findings include: (1) development of new alternative soybeans would benefit poultry meat producers more than egg and pig meat producers; (2) new soybean meals would save more feed costs in starter diets than in either grower or finisher diets; and (3) economic advantages of new soybean meals were highly sensitive to the availability of alternative protein sources but less sensitive to changes in ingredient prices.

Suggested Citation

  • Chung, Chanjin & Pettigrew, James E., 1998. "Economics Of Soybean Biotechnology In The Livestock Industry," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 1(3), pages 1-13.
    • Handle: RePEc:ags:ifaamr:34507
    DOI: 10.22004/ag.econ.34507
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/34507/files/01030373.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.34507?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Chanjin Chung & Brian L. Buhr, 1997. "Market level economic impacts of modified soybeans," Agribusiness, John Wiley & Sons, Ltd., vol. 13(5), pages 469-482.
    2. McVey, Marty J. & Pautsch, Gregory R. & Baumel, C. Phillip, 1995. "Estimated Domestic Producer and End User Benefits from Genetically Modifying U.S. Soybeans," Staff General Research Papers Archive 5197, Iowa State University, Department of Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Novoselova, Tatiana A. & Meuwissen, Miranda P.M. & Huirne, Ruud B.M., 2006. "An integrated chain risk analysis of genetic modification in livestock production chains," 2006 Annual meeting, July 23-26, Long Beach, CA 21268, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marra, Michele C. & Pardey, Philip G. & Alston, Julian M., 2002. "The payoffs to agricultural biotechnology: an assessment of the evidence," EPTD discussion papers 87, International Food Policy Research Institute (IFPRI).
    2. Demont, Matty & Tollens, Eric, 2001. "Uncertainties Of Estimating The Welfare Effects Of Agricultural Biotechnology In The European Union," Working Papers 31828, Katholieke Universiteit Leuven, Centre for Agricultural and Food Economics.
    3. Pritchett, James G. & Thilmany, Dawn D. & Johnson, Kamina K., 2005. "Animal Disease Economic Impacts: A Survey of Literature and Typology of Research Approaches," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 8(1), pages 1-23.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:ifaamr:34507. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ifamaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.