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A Carcass Merit Pricing System for the Pork Industry
Author(s) -
Hayenga Marvin L.,
Grisdale Barbara S.,
Kauffman Robert G.,
Cross H. Russell,
Christian Lauren L.
Publication year - 1985
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1240684
Subject(s) - incentive , carcass weight , business , value (mathematics) , agricultural science , procurement , economics , marketing , mathematics , statistics , biology , microeconomics , body weight , endocrinology
A small proportion of hogs sold to packers are priced according to their carcass value, and some producers feel that price incentives for lean hogs are inadequate. Pork carcass composition and value relationships were analyzed for a sample of 185 pork carcasses. Carcass weight, back fat thickness, and muscling index accounted for 79% of the variations in carcass value; these factors were incorporated into a standardized payoff matrix providing larger incentives for better carcasses which could be incorporated into individual packer procurement systems.