Estimating the Economic Value of Specific Characteristics Associated with Angus Bulls Sold at Auction

The genetic traits of a purebred bull convey the reproductive and economic value to buyers. This study examines and compares the value of actual production weights (birth, weaning, and yearling weight), production expected progeny differences (EPDs) (birth, weaning, milk, and yearling), and ultrasound EPDs (carcass quality predictors) for purebred Angus bulls sold at auction. One EPD, birth weight, was valued by buyers more than its corresponding actual weight, though both actual weights and EPDs significantly impact price. Predictors of carcass quality were important in determining price. Finally, several individual animal factors and sale characteristics were significant in determining price.


Issue Date:
2008-04
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/45528
PURL Identifier:
http://purl.umn.edu/45528
Published in:
Journal of Agricultural and Applied Economics, Volume 40, Number 1
Page range:
315-333
Total Pages:
19
JEL Codes:
Q10; Q12
Series Statement:
JAAE




 Record created 2017-04-01, last modified 2018-01-22

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)