Utilizing Ultrasound Technology to Improve Livestock Marketing Decisions

Jayson Lusk, Randall Little, Allen Williams, John Anderson and Blair McKinley

Review of Agricultural Economics, 2003, vol. 25, issue 1, 203-217

Abstract: This study estimates the value of using ultrasound technology to improve cattle marketing decisions by optimally choosing a particular marketing method. For the particular group of cattle analyzed, results indicate that using ultrasound information to selectively market cattle could have increased revenue by $25.53/head, $4.98/head, or $32.90/head, compared with simply marketing all animals on a live weight, dressed weight, or grid basis, respectively. Even if producers incorporate such information as placement weight, days on feed, and breed into their expectations about final carcass characteristics, our results indicate that ultrasound measures could improve average revenue by $4.16/head.

Date: 2003
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