CYCLICALITY OF BEEF PRODUCTION AND PRICES IN THE UNITED STATES
Journal Title: Zagadnienia Ekonomiki Rolnej - Year 2013, Vol 335, Issue 2
Abstract
Livestock production is characterised by cyclical fluctuations. Apart from a widely known and documented phenomenon known as “pork cycle” there is also a less known “cattle cycle”, which was presented on the example of the United States. This country has been considered given the fact that it is the biggest world beef producer and that the production in this country is characterised by industrial scale of high level of vertical coordination development. The last factor is often considered as a factor eliminating cyclical fluctuations.The conducted research confirmed that the curves of population, slaughter and beef price are characterised by cyclical fluctuations caused directly by the changes in the profitability of breeding, which are expressed in the relationship between the beef and maize prices. The analysis has shown that in the recent years the role of cattle price weakened and the role of maize price, which has a greater impact on the relationship, strengthened. The knowledge of the cattle cycle mechanism is especially useful when projecting the population, production and prices of beef. Thus these phenomena should be constantly observed.
Authors and Affiliations
Danuta Zawadzka
Keywords
Related Articles
- EP ID EP68137
- DOI -
- Views 88
- Downloads 0
GOODS PROVISION THROUGH AGRICULTURE IN THE NEW FINANCIAL FRAMEWORK OF THE EUROPEAN UNION
The paper aims to explain funding European public goods from the EU budget. The author characterises categories of goods and refers to the current EU financial perspective. Common Agricultural Policy (CAP) offers a range...
POLISH CROP FARMS AT THE BACKGROUND OF FARMS FROM SELECTED COUNTRIES
The paper presents an assessment of organisation and economics of Polish crop farms, and their competitiveness has been defined against analogous farms from Hungary, the Czech Republic, Slovakia and Germany. The assessme...
DETERMINANTS OF MILK PRODUCTION PROFITABILITY OF DAIRY FARMS IN THE EU MEMBER STATES
The article presents analysis of determinants of milk production profit margin on dairy farms. The research focuses on farms in the EU Member States and is based on statistical data coming from the European Commission’s...
ZASTOSOWANIE MODELI PRZYCZYNOWO-SKUTKOWYCH DO OCENY CZYNNIKÓW SUKCESU GOSPODARSTW ROLNICZYCH - PORÓWNANIE WYBRANYCH METOD
Modele równań strukturalnych są zasadniczo podobne do modeli regresji wielowymiarowej, jednak w przeciwieństwie do nich mogą one być stosowane w opisie zależności nieliniowych, skorelowanych zmiennych niezależnych, skore...
???