Economics

 Industry Partners


Prairie Swine Centre is an affiliate of the University of Saskatchewan


Prairie Swine Centre is grateful for the assistance of the George Morris Centre in developing the economics portion of Pork Insight.

Financial support for the Enterprise Model Project and Pork Insight has been provided by:



Author(s): Willard C. Losinger
Publication Date: January 1, 2005
Reference: Preventive Veterinary Medicine 68 (2005) 181–193
Country: USA

Summary:

The purpose of this study was to estimate the economic impacts of reduced pork production associated with the diagnosis
of APP on grower/finisher swine operations, by means of a welfare analysis from the perspective of the US society. As a whole, the swine industry may stand to benefit less from increased pork production (associated with eliminating APP) than consumers. Most of the economic surplus lost by consumers (as a result of reduced pork production associated with APP) was transferred to producers as economic gain. Individual swine producers need to compare the costs of
measures intended to control APP with the anticipated benefits of decreased APP. Uncertainty in the survey-based estimate of the production impact of APP was the greatest
contributing factor to the uncertainty in the estimates of the economic effects of APP.
Results of the sensitivity analysis could propel the design of future surveys of pork
producers.

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