PORK PRODUCTION COSTS: A COMPARISON OF MAJOR PORK EXPORTING COUNTRIES
Clarence L. Brewer, James Kliebenstein, Marvin L. Hayenga, Brewer, Clarence, Kliebenstein, James B., Hayenga, Marvin L.
Abstract
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Clarence L. Brewer, James Kliebenstein, Marvin L. Hayenga, Brewer, Clarence, Kliebenstein, James B., Hayenga, Marvin L.
Abstract
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Cost of production information for major pork exporting countries was collected from producer record systems. The cost of production data for farrow-to-finish operations was reviewed and transformed in comparable categories. The cost comparisons show that like-kind Midwestern U.S. producers have approximate cost differences of $6.00 per cwt marketed. The international farrow-to-finish cost of production per cwt for 1995 is as follows: Western Canada (38.97), large Midwest U.S. (39.03), average Midwest U.S. (43.28), Eastern Canada (46.97), the Netherlands (74.58), and Denmark (77.59). Depending on size and location of operation, cost of production in 1995, ranged from 38.97 to 77.59 cwt marketed.
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Cost of production information for major pork exporting countries was collected from producer record systems. The cost of production data for farrow-to-finish operations was reviewed and transformed in comparable categories. The cost comparisons show that like-kind Midwestern U.S. producers have approximate cost differences of $6.00 per cwt marketed. The international farrow-to-finish cost of production per cwt for 1995 is as follows: Western Canada (38.97), large Midwest U.S. (39.03), average Midwest U.S. (43.28), Eastern Canada (46.97), the Netherlands (74.58), and Denmark (77.59). Depending on size and location of operation, cost of production in 1995, ranged from 38.97 to 77.59 cwt marketed.
Key concepts: Production (economics), Business, Position (finance), Agricultural economics, Commerce, Agricultural science, International trade, Economics