Using Farm-Level Data to Improve Marketing and Planning: An Illustration with Live Hogs
| dc.creator | Sanders, Dwight | |
| dc.creator | Apgar, Gary | |
| dc.creator | Manfredo, Mark R. | |
| dc.date | 2017-04-01T14:16:58Z | |
| dc.date.accessioned | 2026-07-09T08:40:27Z | |
| dc.description | Actual live hog sales data from the Swine Center at Southern Illinois University at Carbondale are used to examine marketing practices and develop a forecasting and budgeting tool. The data show that carcassbased hog sales receive a price premium of $4.35 per live hundredweight. Likewise, hogs marketed at the optimal live weight, 244 pounds, receive a $0.26 per hundredweight premium. The data are also used to develop a futures-based hedging and forecasting model. Price forecasts are used to generate revenue estimates to assist with business planning. The results demonstrate a number of ways producers and agribusinesses can use sales data to improve their marketing and business planning. | |
| dc.identifier | doi:10.22004/ag.econ.190711 | |
| dc.identifier | https://ageconsearch.umn.edu/record/190711/files/228.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/190711 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/601437 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/190711 | |
| dc.title | Using Farm-Level Data to Improve Marketing and Planning: An Illustration with Live Hogs | |
| dc.type | Text |