Toward Effective Standardization of Hams
J. G. Kendrick and
J. B. Hassler
American Journal of Agricultural Economics, 1968, vol. 50, issue 4, 868-878
Abstract:
Orderly marketing requires standardized products. Current USDA inspection criteria prevent the packer from completely standardizing cured hams on the basis of protein and moisture content. It is argued that changes in the current cured meat inspection procedures might result in (1) a more standardized product for consumers and (2) more accurate price signals for farmers, which could increase the reward to those swine producers whose product is of high quality. If the inspection criteria were changed so that cured hams could be standardized on the basis of a moisture-protein ratio of 3.79∶1, a simultaneous equation model indicates that the gross live-weight price differential between swine producing high-protein hams and those producing low-protein hams could widen to $2.42 per hundredweight.
Date: 1968
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:50:y:1968:i:4:p:868-878.
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