DEMAND CONSIDERATIONS IN ALTERING THE BEEF PRODUCT MIX

James E. Standaert

No 278506, 1985 Annual Meeting, August 4-7, Ames, Iowa from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: A Demand Model for beef animals by grade is estimated and utilized to view the effects on price of a change in the beef product mix. It is shown that the price differential between beef grades at which greater lean beef would be profitable is not one that consumers would support. Alternatively, it is asserted that the price differential under which more lean beef would be consumed is not one that lean beef producers would find profitable.

Keywords: Demand and Price Analysis; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 16
Date: 1985-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea85:278506

DOI: 10.22004/ag.econ.278506

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