Effect of Corn Price on Profitability of Control Vs Phytase Enhanced Diet of Hogs

Ajita Atreya, Jeffrey D. Vitale, Arthur L. Stoecker and Scott D. Carter

No 46864, 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia from Southern Agricultural Economics Association

Abstract: Economic Simulation model (SIMETAR) was used to investigate the effect of future corn price on profitability of control and phytase enhanced diet of hogs. The completed simulation model was used to estimate probability distribution for control vs lower excretion diet profitability under different corn prices. Data used was collected from recent field trials in Oklahoma that tested the effect of phytase enhanced diets on reducing phosphorus emission. The results showed that as the market price of corn increases control diet will be more profitable than phytase enhanced diet, given the cost of other remaining feed ingredient is constant for both the diets.

Keywords: Production; Economics (search for similar items in EconPapers)
Pages: 24
Date: 2009
New Economics Papers: this item is included in nep-cmp
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeana:46864

DOI: 10.22004/ag.econ.46864

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