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Valuation of Genomic-Enhanced Expected Progeny Differences in Bull Purchasing

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  • Thompson, Taylor
  • Boyer, Christopher N.
  • Martinez, Charles C.
  • Rowan, Troy N.
  • Rhinehart, Justin

Abstract

We estimate a hedonic pricing model to determine producers’ value for bull expected progeny differences (EPDs), genomic-enhanced EPDs, and phenotypic traits. Birth weight EPD, ribeye area EPD, sale weight, age, frame score, and other factors had a statistically significant impact on bull prices. GE-EPDs were not associated with a change in the bull sales prices expect for weaned calf value and birth weight EPDs. Including weaned calf value and GE-EPDs in a bull hedonic pricing model provides a unique contribution. The results from this work will inform educational programming for bull purchasers on using new economic selection indices and GE-EPDs.

Suggested Citation

  • Thompson, Taylor & Boyer, Christopher N. & Martinez, Charles C. & Rowan, Troy N. & Rhinehart, Justin, 2022. "Valuation of Genomic-Enhanced Expected Progeny Differences in Bull Purchasing," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 54(4), pages 713-722, November.
    • Handle: RePEc:cup:jagaec:v:54:y:2022:i:4:p:713-722_9
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