Implications of Climate Change on Regional Livestock Production in the United States
Robert Beach,
Yuquan Zhang,
Justin Baker,
Amy Hagerman () and
Bruce McCarl
No 211207, 2015 Conference, August 9-14, 2015, Milan, Italy from International Association of Agricultural Economists
Abstract:
This study used a partial equilibrium model focusing on U.S. agriculture to investigate the climate change implications for U.S. livestock production. Climate change impacts on crop productivity, grazing land productivity, and livestock animals’ biophysical growth were factored into the model to examine the market equilibrium changes under alternative climate change scenarios. Results suggest that the U.S. livestock sector would be negatively influenced by climate change, with meat and milk prices increasing and exports decreasing. Livestock producers would expand the use of grazing and raise more animals to meet market demand given reduced productivity per head. Profit margins for meat and milk production would however decline due to increases in input prices than more than outweigh the gains from higher output prices.
Keywords: Environmental Economics and Policy; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 30
Date: 2015
New Economics Papers: this item is included in nep-agr and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iaae15:211207
DOI: 10.22004/ag.econ.211207
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