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Estimating the Economic Value of Specific Characteristics Associated with Angus Bulls Sold at Auction

Published online by Cambridge University Press:  26 January 2015

Rodney Jones ,
Tyler Turner ,
Kevin C. Dhuyvetter  and
Thomas L. Marsh
Rodney Jones
Affiliation:
Department of Agricultural Economics, Kansas State University
Tyler Turner
Affiliation:
Department of Agricultural Economics, Kansas State University
Kevin C. Dhuyvetter
Affiliation:
Department of Agricultural Economics, Kansas State University
Thomas L. Marsh
Affiliation:
School of Economic Sciences, Washington State University
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Abstract

The genetic traits of a purebred bull convey the reproductive and economic value to buyers. This study examines and compares the value of actual production weights (birth, weaning, and yearling weight), production expected progeny differences (EPDs) (birth, weaning, milk, and yearling), and ultrasound EPDs (carcass quality predictors) for purebred Angus bulls sold at auction. One EPD, birth weight, was valued by buyers more than its corresponding actual weight, though both actual weights and EPDs significantly impact price. Predictors of carcass quality were important in determining price. Finally, several individual animal factors and sale characteristics were significant in determining price.

Keywords

Angus bullscarcass characteristicsEPDsmarketing factorsproduction factorsQ10Q12
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 40 , Issue 1 , April 2007 , pp. 315 - 333
Copyright
Copyright © Southern Agricultural Economics Association 2008

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