IDEAS home Printed from https://ideas.repec.org/a/ags/jloagb/14680.html

The Beef Industry In Transition: Current Status And Strategic Options

Author

Listed:
  • Singley, Rodger
  • Wachenheim, Cheryl J.

Abstract

In recent years, the U.S. beef industry has lost a significant portion of its historically dominant market share, due both to changes in consumer preferences and to an increase in the price of beef relative to pork and poultry. Changes within the beef industry to improve its competitive position have been slow and relatively unsuccessful. Challenges faced by the industry include a fragmented marketing channel and mistrust among its many participants, lack of specificity in product quality evaluation, and a lengthy and complex production cycle. Future success in maintaining or gaining market share will depend upon the availability of timely information, including forecasts of consumer demand, and the development of incentives to encourage effective behavior by all channel entities to meet this demand. Branded products have been utilized in other sectors of the agricultural industry and have increased consumer demand while also providing production and marketing incentives to align the behavior of channel participants. Industry coordination supporting branded fresh beef products is also a viable option for the beef industry.

Suggested Citation

  • Singley, Rodger & Wachenheim, Cheryl J., 1999. "The Beef Industry In Transition: Current Status And Strategic Options," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 17(01), pages 1-14.
    • Handle: RePEc:ags:jloagb:14680
    DOI: 10.22004/ag.econ.14680
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/14680/files/17010049.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.14680?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. X. M. Gao & Thomas Spreen, 1994. "A Microeconometric Analysis of the U.S. Meat Demand," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 42(3), pages 397-412, November.
    2. James S. Eales & Laurian J. Unnevehr, 1988. "Demand for Beef and Chicken Products: Separability and Structural Change," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 70(3), pages 521-532.
    3. repec:cup:jagaec:v:27:y:1995:i:02:p:636-643_02 is not listed on IDEAS
    4. Piedra, Mario A. & Schupp, Alvin R. & Montgomery, Donna E., 1995. "Household Perceptions Of The Nutritional Labeling Of Meats," Journal of Food Distribution Research, Food Distribution Research Society, vol. 26(2), pages 1-7, September.
    5. Menkhaus, Dale J. & Whipple, Glen D. & Field, Ray A., 1988. "Some Consumers Will Pay Extra for Lean Beef," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 3(2), pages 1-2.
    6. Hui, Jianguo & McLean-Meyinsse, Patricia E. & Jones, Dewitt, 1995. "An Empirical Investigation Of Importance Ratings Of Meat Attributes By Louisiana And Texas Consumers," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 27(2), pages 1-8, December.
    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. Sans, Pierre & de Fontguyon, Guy, . "The Beef Industry in France: Gearing Up to Demand?," CAFRI: Current Agriculture, Food and Resource Issues, Canadian Agricultural Economics Society, issue 9, pages 1-8.

    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. Unterschultz, James R., 2000. "New Instruments For Co-Ordination And Risk Sharing Within The Canadian Beef Industry," Project Report Series 24046, University of Alberta, Department of Resource Economics and Environmental Sociology.
    2. Goodwin, Barry K., 1992. "Forecasting Cattle Prices In The Presence Of Structural Change," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 24(2), pages 1-12, December.
    3. James L. Seale & Mary A. Marchant & Alberto Basso, 2003. "Imports versus Domestic Production: A Demand System Analysis of the U.S. Red Wine Market," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 25(1), pages 187-202.
    4. Tomek, William G. & Myers, Robert J., 1993. "Empirical Analysis Of Agricultural Commodity Prices: A Viewpoint," Working Papers 6847, Cornell University, Department of Applied Economics and Management.
    5. Peltner, Jonas & Thiele , Silke, 2021. "Elasticities of Food Demand in Germany – A Demand System Analysis Using Disaggregated Household Scanner Data," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 70(01), January.
    6. Shumway, C. Richard & Davis, George C., 2001. "Does consistent aggregation really matter?," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 45(2), pages 1-34.
    7. Luke, Jaime R. & Tonsor, Glynn T. & Brown, D. Scott, 2024. "Wholesale pork demand: Understanding primal-level heterogeneity," Journal of Commodity Markets, Elsevier, vol. 34(C).
    8. Darko, Francis Addeah & Eales, James S., 2013. "Meat Demand in the US During and After the Great Recession," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150146, Agricultural and Applied Economics Association.
    9. Le Quang, Canh, 2008. "An Empirical Study for Food Consumption in Vietnam," MPRA Paper 80966, University Library of Munich, Germany, revised 2008.
    10. Brester, Gary W. & Wohlgenant, Michael K., "undated". "Effects of Measurement Error in Disappearance Data on Estimated Demand Elasticities for Keats," 1990 Annual meeting, August 5-8, Vancouver, Canada 271039, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    11. Madan Mohan Dey & Yolanda T. Garcia & Kumar Praduman & Somying Piumsombun & Muhammad Sirajul Haque & Luping Li & Alias Radam & Athula Senaratne & Nguyen Tri Khiem & Sonny Koeshendrajana, 2008. "Demand for fish in Asia: a cross-country analysis ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 52(3), pages 321-338, September.
    12. Anastasios Xepapadeas & Hassini Habib, 1995. "An almost ideal demand system with autoregressive disturbances for dairy products in Greece," Applied Economics Letters, Taylor & Francis Journals, vol. 2(6), pages 169-173.
    13. Veeman, Michele M. & Unterschultz, James R., 2000. "Pork Market Development Research Project: Market Potential For Alberta'S Pork In Selected U.S. Markets," Project Report Series 24054, University of Alberta, Department of Resource Economics and Environmental Sociology.
    14. Qin, Xiang Dong & Peng, Xuehua & Marchant, Mary A., 2002. "New Insight Of Chinese Livestock Consumer," 2002 Annual meeting, July 28-31, Long Beach, CA 19806, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    15. Delgado, Christopher L. & Courbois, Claude B., 1997. "Changing Fish Trade And Demand Patterns In Developing Countries And Their Significance For Policy Research," MSSD Discussion Papers 91857, CGIAR, International Food Policy Research Institute (IFPRI).
    16. Hsu, Jane Lu, 2000. "Gradual Switching Structural Changes of Meat Consumption in Taiwan," 2000 Conference (44th), January 23-25, 2000, Sydney, Australia 123663, Australian Agricultural and Resource Economics Society.
    17. Hassan, Daniel & Monier-Dilhan, Sylvette, 2009. "Mesure des changements de consommation suite à une segmentation de l’offre : l’exemple de la tomate fraîche," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement (RAEStud), Institut National de la Recherche Agronomique (INRA), vol. 90(3).
    18. Hassan Daniel & Monier-Dilhan Sylvette & Orozco Valérie, 2011. "Measuring Consumers' Attachment to Geographical Indications," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 9(1), pages 1-30, June.
    19. Stavroula Malla & K. K. Klein & Taryn Presseau, 2020. "Have health claims affected demand for fats and meats in Canada?," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 68(3), pages 271-287, September.
    20. Schroeder, Ted C. & Lusk, Jayson L., 2002. "Effects of Meat Recalls on Futures Market Prices," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 31(01), pages 1-12, April.

    More about this item

    Keywords

    ;

    Statistics

    Access and download statistics

    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:jloagb:14680. 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/aeaggea.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.