A Comparative Assessment of the Broiler:Corn Ratio and Its Impact on Broiler Processors' Profitability
Sandra J. Hamm,
Goodwin, Harold L., and
Andrew McKenzie
No 6665, 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas from Southern Agricultural Economics Association
Abstract:
Input prices for broiler production, particularly corn, are becoming increasingly volatile due to increasing competition for corn from ethanol and biofuels production suggesting volatility in poultry profits will follow indicator of profits relating feed input prices and broiler meat output prices, such as a Broiler:corn ratios. Total chicken exports, total chicken ready-to-cook production, number of eggs set, number of chicks placed, and cold storage chicken inventory are used to estimate. Utilizing a distributed lag model, seventeen years of data for three Broiler:corn ratios, broiler exports, egg set, chick placements, cold storage stocks, and ready-to-cook broiler production were utilized to estimate stock share price for four major broiler producers.
Keywords: Demand and Price Analysis; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 20
Date: 2008
New Economics Papers: this item is included in nep-agr
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeaed:6665
DOI: 10.22004/ag.econ.6665
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