ECONOMICS OF SOYBEAN BIOTECHNOLOGY IN THE LIVESTOCK INDUSTRY

Using a linear programming model, this study evaluates the effects of commercializing new biotech-soybean varieties on the livestock producersÂ’ feed costs and formulations. Major findings include: (1) development of new alternative soybeans would benefit poultry meat producers more than egg and pig meat producers; (2) new soybean meals would save more feed costs in starter diets than in either grower or finisher diets; and (3) economic advantages of new soybean meals were highly sensitive to the availability of alternative protein sources but less sensitive to changes in ingredient prices.


Issue Date:
1998
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/34507
Published in:
International Food and Agribusiness Management Review, Volume 01, Issue 3
Page range:
373-385
Total Pages:
13




 Record created 2017-04-01, last modified 2017-04-27

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