TY  - EJOUR
AB  - Actual live hog sales data from
the Swine Center at Southern
Illinois University at Carbondale
are used to examine marketing
practices and develop a
forecasting and budgeting tool.
The data show that carcassbased
hog sales receive a price
premium of $4.35 per live
hundredweight. Likewise, hogs
marketed at the optimal live
weight, 244 pounds, receive a
$0.26 per hundredweight
premium. The data are also
used to develop a futures-based
hedging and forecasting model.
Price forecasts are used to
generate revenue estimates to
assist with business planning.
The results demonstrate a
number of ways producers and
agribusinesses can use sales
data to improve their marketing
and business planning.
AU  - Sanders, Dwight
AU  - Apgar, Gary
AU  - Manfredo, Mark R.
DA  - 2005
DA  - 2005
DO  - 10.22004/ag.econ.190711
DO  - doi
EP  - 49
EP  - 42
ID  - 190711
JF  - Journal of the ASFMRA (American Society of Farm Managers and Rural Appraisers)
KW  - Agribusiness
KW  - Livestock Production/Industries
KW  - Marketing
L1  - https://ageconsearch.umn.edu/record/190711/files/228.pdf
L2  - https://ageconsearch.umn.edu/record/190711/files/228.pdf
L4  - https://ageconsearch.umn.edu/record/190711/files/228.pdf
LA  - eng
LK  - https://ageconsearch.umn.edu/record/190711/files/228.pdf
N2  - Actual live hog sales data from
the Swine Center at Southern
Illinois University at Carbondale
are used to examine marketing
practices and develop a
forecasting and budgeting tool.
The data show that carcassbased
hog sales receive a price
premium of $4.35 per live
hundredweight. Likewise, hogs
marketed at the optimal live
weight, 244 pounds, receive a
$0.26 per hundredweight
premium. The data are also
used to develop a futures-based
hedging and forecasting model.
Price forecasts are used to
generate revenue estimates to
assist with business planning.
The results demonstrate a
number of ways producers and
agribusinesses can use sales
data to improve their marketing
and business planning.
PY  - 2005
PY  - 2005
SP  - 42
T1  - Using Farm-Level Data to Improve Marketing and Planning: An Illustration with Live Hogs
TI  - Using Farm-Level Data to Improve Marketing and Planning: An Illustration with Live Hogs
UR  - https://ageconsearch.umn.edu/record/190711/files/228.pdf
VL  - 2005
Y1  - 2005
T2  - Journal of the ASFMRA (American Society of Farm Managers and Rural Appraisers)
ER  -