The Effect of Value-Added Management on Calf Prices at Superior Livestock Auction Video Markets

Value-added management practices for cow-calf producers have become prevalent as feeders have recognized the value of calves raised with certified health and weaning programs. Export markets requiring age and source verification or non-hormone treated cattle and advancement of markets for naturally...

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Bibliographic Details
Main Authors: Lance C. Zimmerman, Ted C. Schroeder, Kevin C. Dhuyvetter, K.C. Olson, Gerald L. Stokka, Jon T. Seeger, Dale M. Grotelueschen
Format: Article
Language:English
Published: Western Agricultural Economics Association 2012-04-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/122317
Description
Summary:Value-added management practices for cow-calf producers have become prevalent as feeders have recognized the value of calves raised with certified health and weaning programs. Export markets requiring age and source verification or non-hormone treated cattle and advancement of markets for naturally raised cattle have also presented profit opportunities for cow-calf producers. This study estimates the value of value-added calf production and marketing programs. Weaned steer calves sold with certified health programs realized $7 to $10 per cwt premiums. Age- and source-verified steers received $1 to $2 per cwt premiums exceeding added costs of about $0.67 per cwt in 2010 despite rapidly expanding supply.
ISSN:1068-5502
2327-8285