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Optimal Hog Slaughter Weights Under Alternative Pricing Systems

Published online by Cambridge University Press:  28 April 2015

M. A. Boland
Affiliation:
Department of Agricultural Economics at Purdue University
P. V. Preckel
Affiliation:
Department of Agricultural Economics at Purdue University
A. P. Schinckel
Affiliation:
Department of Animal Sciences at Purdue University

Abstract

Three hog genotypes are simulated to determine how producer profits, economically optimal slaughter weights, and carcass component weights change under three pricing models. Live weight pricing pays more for the fatter barrows whereas a three component (separate payments for fat, lean, and byproducts) and six component (separate payments for major primal cuts, other lean, fat, and byproducts) pricing system pay more for the leaner gilts. Implications for selection of genetic stock and pricing system are presented.

Type
Articles
Copyright
Copyright © Southern Agricultural Economics Association 1993

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