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Effects of Market and Policy Shocks on the Canadian and U.S. Cattle and Beef Industries

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  • Twine, Edgar
  • Rude, James

Abstract

The paper examines the impact of four exogenous shocks – exchange rate appreciation, feed price escalation, mandatory country of origin labeling, and economic recession – on the Canadian and U.S. beef cattle industries using a multi-market partial equilibrium model. Impacts on the U.S. industry are found to be relatively small compared to those on the Canadian industry. Country of origin labeling, and feed price escalation account for the largest decline in the welfare of Canadian cattle producers.

Suggested Citation

  • Twine, Edgar & Rude, James, 2012. "Effects of Market and Policy Shocks on the Canadian and U.S. Cattle and Beef Industries," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 123565, Agricultural and Applied Economics Association.
  • Handle: RePEc:ags:aaea12:123565
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    File URL: http://ageconsearch.umn.edu/record/123565/files/AAEA2012_TWINE_RUDE_.pdf
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    Cited by:

    1. Taylor, Mykel R. & Tonsor, Glynn T., 2013. "Revealed Demand for Country-of-Origin Labeling of Meat in the United States," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 38(2), pages 1-13, August.

    More about this item

    Keywords

    Demand and Price Analysis; International Relations/Trade; Livestock Production/Industries; Marketing;

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