Publication Date: January 1, 2003
Reference: Choices Magazine, 4th Quarter 2003
Country: USA
Summary:
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Our study focuses on the effects of changing
meat packer and farm-level technologies on real
beef and pork farm-wholesale marketing margins
and on livestock prices. Results indicate cost savings
from meatpacking technologies increase real
livestock prices, while technological changes at the
farm level reduce real livestock prices. On balance,
the positive effect from meatpacking technology outweighs the negative effect of farm-level technological
change.
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