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Technology, Organization, and Financial Performance in U.S. Broiler Production

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  • MacDonald, James M.

Abstract

Between 1960 and 1995, U.S. broiler production grew by 5.6 percent per year, but a lack of growth since 2008 has placed new financial pressures on contract growers. This report uses USDA survey data to delineate the key features of the industry's organization and to analyze its recent financial and productive performance.

Suggested Citation

  • MacDonald, James M., 2014. "Technology, Organization, and Financial Performance in U.S. Broiler Production," Economic Information Bulletin 262121, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersib:262121
    DOI: 10.22004/ag.econ.262121
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    References listed on IDEAS

    as
    1. Charles R. Knoeber & Walter N. Thurman, 1995. ""Don't Count Your Chickens...": Risk and Risk Shifting in the Broiler Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(3), pages 486-496.
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    6. Hoppe, Robert A. & MacDonald, James M., 2013. "Updating the ERS Farm Typology," Economic Information Bulletin 147120, United States Department of Agriculture, Economic Research Service.
    7. Armando Levy & Tomislav Vukina, 2004. "The League Composition Effect in Tournaments with Heterogeneous Players: An Empirical Analysis of Broiler Contracts," Journal of Labor Economics, University of Chicago Press, vol. 22(2), pages 353-378, April.
    8. Ifft, Jennifer & Patrick, Kevin & Novini, Amirdara, 2014. "Debt Use By U.S Farm Businesses, 1992-2011," Economic Information Bulletin 165912, United States Department of Agriculture, Economic Research Service.
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    Cited by:

    1. A. Ford Ramsey & Barry Goodwin & Mildred Haley, 2021. "Labor Dynamics and Supply Chain Disruption in Food Manufacturing," NBER Chapters, in: Risks in Agricultural Supply Chains, National Bureau of Economic Research, Inc.
    2. MacDonald, James M. & Hoppe, Robert A. & Newton, Doris, 2018. "Three Decades of Consolidation in U.S. Agriculture," Economic Information Bulletin 276247, United States Department of Agriculture, Economic Research Service.
    3. Joshua G. Maples & Jada M. Thompson & John D. Anderson & David P. Anderson, 2021. "Estimating COVID‐19 Impacts on the Broiler Industry," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 43(1), pages 315-328, March.
    4. Stephen F. Hamilton & David L. Sunding, 2021. "Joint Oligopsony‐Oligopoly Power in Food Processing Industries: Application to the us Broiler Industry," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(4), pages 1398-1413, August.
    5. Clancy, Matthew S. & Sneeringer, Stacy E., 2018. "How Much Does it Cost to Induce R&D in Animal Health?," 2018 Annual Meeting, August 5-7, Washington, D.C. 273865, Agricultural and Applied Economics Association.
    6. Rachael Goodhue & Leo Simon, 2016. "Agricultural contracts, adverse selection, and multiple inputs," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 4(1), pages 1-33, December.
    7. Stacy Sneeringer & Matt Clancy, 2020. "Incentivizing New Veterinary Pharmaceutical Products to Combat Antibiotic Resistance," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 42(4), pages 653-673, December.
    8. Samantha L. Padilla & Lenis Saweda O. Liverpool‐Tasie & Robert J. Myers, 2021. "The effects of feed and energy costs on broiler farm decisions: A dynamic programming approach," Agricultural Economics, International Association of Agricultural Economists, vol. 52(2), pages 249-264, March.
    9. MacDonald, James M. & Dong, Xiao & Fuglie, Keith O., 2023. "Concentration and Competition in U.S. Agribusiness," Economic Information Bulletin 337566, United States Department of Agriculture, Economic Research Service.
    10. Shagaida, Natalia & Gataulinà, Ekaterina & Uzun, Vasily & Yanbykh, Renata, 2017. "Development of Mechanisms for Embedding Small Forms of Management in Food Chains," Working Papers 041722, Russian Presidential Academy of National Economy and Public Administration.

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