Effects of Market and Policy Shocks on the Canadian and U.S. Cattle and Beef Industries

Edgar Twine and James Rude

No 123565, 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington from Agricultural and Applied Economics Association

Abstract: The paper examines the impact of four exogenous shocks – exchange rate appreciation, feed price escalation, mandatory country of origin labeling, and economic recession – on the Canadian and U.S. beef cattle industries using a multi-market partial equilibrium model. Impacts on the U.S. industry are found to be relatively small compared to those on the Canadian industry. Country of origin labeling, and feed price escalation account for the largest decline in the welfare of Canadian cattle producers.

Keywords: Demand and Price Analysis; International Relations/Trade; Livestock Production/Industries; Marketing (search for similar items in EconPapers)
Pages: 38
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea12:123565

DOI: 10.22004/ag.econ.123565

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