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Estimating The Economic Values Associated With Epds For Angus Bulls At Auction

Author

Listed:
  • Turner, Tyler
  • Dhuyvetter, Kevin C.
  • Marsh, Thomas L.
  • Jones, Rodney D.

Abstract

The genetic traits that an Angus bull possesses convey the reproductive and economic value of the animal to potential buyers. This paper examines and draws comparisons between the value of actual production weights and production EPDs, while also establishing values for ultrasound EPDs. Results indicate that only one EPD, birth weight, was valued by buyers more than its corresponding actual weight, though actual weights and EPDs significantly impacted price. Ultrasound EPDs were also found to be significant, suggesting buyers of Angus bulls consider carcass information when purchasing bulls.

Suggested Citation

  • Turner, Tyler & Dhuyvetter, Kevin C. & Marsh, Thomas L. & Jones, Rodney D., 2004. "Estimating The Economic Values Associated With Epds For Angus Bulls At Auction," 2004 Annual Meeting, June 30-July 2, 2004, Honolulu, Hawaii 36193, Western Agricultural Economics Association.
    • Handle: RePEc:ags:waeaho:36193
    DOI: 10.22004/ag.econ.36193
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    Cited by:

    1. Bacon, Kevin J. & Cunningham, Samantha & Franken, Jason R., 2017. "Valuing Herd Bull Characteristics: Evidence from Illinois Auction Data," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2017.
    2. Parcell, Joseph L. & Dhuyvetter, Kevin C. & Patterson, David J. & Randle, Richard, 2005. "The Value of Carcass Characteristic EPDs in Bred Heifer Price," 2005 Conference, April 18-19, 2005, St. Louis, Missouri 19041, NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management.

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    Keywords

    Livestock Production/Industries;

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