@article{Campbell:266546,
      recid = {266546},
      author = {Campbell, Victoria  and Thompson,  Jada M.},
      title = {Factors Influencing Value of Agribusiness Firms Marketing  Animal Proteins},
      address = {2018-01-16},
      number = {2015-2018-114},
      pages = {17},
      year = {2018},
      abstract = {In today’s globalized world, some agribusinesses are  diversifying to other agricultural and non-agricultural  products to combat the inherent risks associated with  marketing agricultural goods, while others have intensified  in one particular area. For example, Tyson Foods,  Incorporated, one of the largest publicly-traded and  globally recognized agribusinesses, began making poultry  products in the 1930s and has since diversified to market  beef, pork, and other food products through either  acquisitions or expansion of core business strategy, while  Cal-Maine Foods has continued to stay true to its core  business of egg production and marketing. A diversified  portfolio is expected to alleviate the effects of business  disrupting events such as product recalls, droughts, or  animal disease events. Protein companies specifically face  risks associated with feed sourcing, animal health and  welfare, and food safety. The aim of this work is to  analyze the value of product diversification on an  agribusiness’ worth using stock prices to value each of the  top 100 meat companies that are publically traded in the  United States. Daily stock prices from 2007-2016 have been  collected and are used to identify the factors that  contribute to the value of a company, while accounting for  the heterogeneity of agribusiness management and strategy.  },
      url = {http://ageconsearch.umn.edu/record/266546},
      doi = {https://doi.org/10.22004/ag.econ.266546},
}