Impacts of six genetic modifications of corn on feed cost and consumption of traditional feed ingredients

Tun-hsiang Yu, C. Phillip Baumel, Connie L. Hardy, Marty J. McVey, Lawrence A. Johnson and Jerry L. Sell
Additional contact information
C. Phillip Baumel: Department of Economics, Iowa State University, Ames, Iowa 50011, Postal: Department of Economics, Iowa State University, Ames, Iowa 50011
Connie L. Hardy: Center for Crops Utilization Research, Iowa State University,, Ames, Iowa 50011, Postal: Center for Crops Utilization Research, Iowa State University,, Ames, Iowa 50011
Marty J. McVey: AGRI Industries, West Des Moines, Iowa, Postal: AGRI Industries, West Des Moines, Iowa
Lawrence A. Johnson: Center for Crops Utilization Center, Iowa State University, Ames, Iowa 50011, Postal: Center for Crops Utilization Center, Iowa State University, Ames, Iowa 50011
Jerry L. Sell: Department of Animal Science, Iowa State University, Ames, Iowa, Postal: Department of Animal Science, Iowa State University, Ames, Iowa

Agribusiness, 2001, vol. 18, issue 1, 115-127

Abstract: This study evaluates the impact of six genetically modified corns on swine and poultry feed costs and on the use of traditional feed ingredients. A Brill linear programming model was used to calculate least-cost feed rations for broilers, layers, tom turkeys, 8-13 pound pigs and finisher hogs. This analysis indicates that likely price reductions in traditional feed ingredients will drive most of the current genetic modifications of corn out of the feed markets. Alternative methods of making genetically modified corns more competitive in the marketplace include stacking modifications to increase the gross value per bushel and lowering the costs of modified corn by reducing yield drag and seed costs. [EconLit Classification: Q17] © 2002 Wiley Periodicals, Inc.

Date: 2001
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Related works:
Working Paper: Impacts of Six Genetic Modifications of Corn on Feed Cost and Consumption of Traditional Feed Ingredients (2002)
Working Paper: Impact of Six Genetic Modifications of Corn on Feed Cost and the Consumption of Traditional Feed Ingredients (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:wly:agribz:v:18:y:2001:i:1:p:115-127

DOI: 10.1002/agr.10003

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