Beef and the Bottom Line: The Effect of Value-Added Certification on Feeder Cattle Profitability. (15th February 2022)

• Record Type: Journal Article
• Authors: Garber, Ben; Alwang, Jeffrey; Norton, George W.; Bovay, John
• Is Part Of: Journal of agricultural and applied economics. Volume 54:Number 1(2022)
• Page Start: 157
• Page End: 174
• Publication Date: 2022-02-15
• Subjects: agricultural economics -- feeder cattle -- certification -- value added -- profitability; Q13 -- Q12 -- M31; Agriculture -- economics; Agriculture -- Economic aspects -- Periodicals; Agriculture -- Economic aspects -- Southern States -- Periodicals; Agriculture -- Economic aspects -- United States -- Periodicals; Agriculture -- Aspect économique -- Périodiques; Agriculture -- Aspect économique -- États-Unis -- Périodiques; Agrarökonomik; Agrarmarkt; USA; Welt; Agriculture -- Economic aspects; United States; Periodicals; 338.10975
• DOI: 10.1017/aae.2021.33
• Languages: English
• ISSNs: 1074-0708

Abstract

Abstract: Data from 1, 422 feeder cattle teleauction lots were used to assess the impacts on profitability of the Virginia quality assured (VQA) feeder cattle program. The analysis finds higher profits for VQA cattle due to their faster turnover and lower feed costs; however, certification does not have a significant effect on price received by producers. The analysis further suggests that the cost associated with production under VQA should be considered in addition to price effects studied in previous literature.