Title:
An empirical analysis of the demand for wholesale pork primals: Seasonality and Structural Change
Publication Date: January 1, 2003
Reference: Journal of Agricultural and Resource Economics; Aug 2003; 28, 2; ABI/INFORM Global pg. 335
Country: USA
Summary:
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This study focuses on estimating wholesale pork primal demand relationships in order to determine their own quantity flexibilities, whether these flexibilities have changed over time, and seasonal price fluctuation. A set of equations for pork loin, rib, butt, ham, pork belly, and picnic primals was estimated. Monthly data over an 11-year period were used to determine that their own-quantity flexibilities varied across months, that they increased in absolute value over time for some primal cuts, and cold storage stocks were used as an inventory control measure to reduce price variation for some primal cuts.
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