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- Title
Economic Impacts of Zilmax Adoption in Cattle Feeding.
- Authors
Schroeder, Ted C.; Tonsor, Glynn T.
- Abstract
The Food and Drug Administration recently approved the feeding of Zilmax® for cattle in the United States. This study determines direct net return benefits for early-adopting cattle feeders and beef packers. In addition, longer-run producer and consumer surplus measures are estimated as adoption impacts market prices and quantities. After markets adjust, cow-calf producers, cattle feeders, and consumers will gain from adopting the new technology.
- Subjects
UNITED States; ECONOMIC impact analysis; CATTLE feeding &; feeds; UNITED States. Food &; Drug Administration; AGRICULTURAL technology; RATE of return; BEEF packers; MARKET prices
- Publication
Journal of Agricultural & Resource Economics, 2011, Vol 36, Issue 3, p521
- ISSN
1068-5502
- Publication type
Article