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Volume 25, Number 02, December 1993 >
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|Title: ||ECONOMIC INCENTIVES FOR PST ADOPTION BY MIDWEST HOG PRODUCERS|
|Authors: ||Richardson, James W.|
Anderson, David P.
Peel, Derrell S.
|Keywords: ||Carcass merit premium|
|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.|
|Institution/Association: ||Journal of Agricultural and Applied Economics>Volume 25, Number 02, December 1993|
|Total Pages: ||11|
|From Page: ||95|
|To Page: ||105|
|Collections:||Volume 25, Number 02, December 1993|
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