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          Volume 25, Number 02, December 1993 >

Please use this identifier to cite or link to this item: http://purl.umn.edu/15032

Title: ECONOMIC INCENTIVES FOR PST ADOPTION BY MIDWEST HOG PRODUCERS
Authors: Richardson, James W.
Anderson, David P.
Peel, Derrell S.
Phillips, Mike
Keywords: Carcass merit premium
PST
Simulation
Issue Date: 1993-12
Abstract: A whole-farm simulation model is used to analyze the impacts of PST adoption on representative farms in Missouri and Indiana. Farmers who do not adopt experience lower average annual net cash farm incomes than adopters. Lower feed prices and/or an average PST/feed response decrease the incentive adopt. Payment of a 5 percent carcass merit premium (CMP) and/or higher grain prices greatly increase the economic incentive to adopt.
URI: http://purl.umn.edu/15032
Institution/Association: Journal of Agricultural and Applied Economics>Volume 25, Number 02, December 1993
Total Pages: 11
Language: English
From Page: 95
To Page: 105
Collections:Volume 25, Number 02, December 1993

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