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U.S. Hog Production: Rising Output and Changing Trends in Productivity Growth

Christopher G. Davis, Carolyn Dimitri, Richard Nehring, LaPorchia A. Collins, Mildred Haley, Kim A. Ha and Jeffrey Gillespie

No 327369, USDA Miscellaneous from United States Department of Agriculture

Abstract: The hog sector began a major transformation in the early 1990s, and since then, it has experienced productivity growth and structural change, increased output, and expanded exports. This study examined changes in hog production from 1992 to 2017. During this period, production contracts became the most common business model in hog production, and hog farms grew larger and more specialized. Technological advancements improved productivity, though changes in production costs were mixed.

Keywords: Agribusiness; Agricultural Finance; Farm Management; Industrial Organization; Livestock Production/Industries; Productivity Analysis (search for similar items in EconPapers)
Pages: 56
Date: 2022-08-16
New Economics Papers: this item is included in nep-agr and nep-eff
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Journal Article: U.S. Hog Production: Rising Output and Changing Trends in Productivity Growth (2022) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:usdami:327369

DOI: 10.22004/ag.econ.327369

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