Another look at the hog corn ratio

Extract: this note has two objectives: to determine the supply response of U.S. pork producers to changing hog and feed prices over time and to determine if the hog corn price ratio is an adequate predictor of hog supply when the prices of both hogs and feed are volatile. a polynomial distributed la...

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Bibliographic Details
Published in:American journal of agricultural economics 1977-02, Vol.59 (1), p.216-219
Main Author: Meilke, K.D
Format: Article
Language:English
Subjects:
Coefficients
Corn prices
Error rates
feeds
Hogs
Market prices
Polynomials
Pork
prices
Profitability ratios
Supply
swine
Variable coefficients
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Description
Summary:Extract: this note has two objectives: to determine the supply response of U.S. pork producers to changing hog and feed prices over time and to determine if the hog corn price ratio is an adequate predictor of hog supply when the prices of both hogs and feed are volatile. a polynomial distributed lag model of quarterly U.S. hog supply response is estimated for two different time periods, 1960-69 and 1970-75.
ISSN:0002-9092
1467-8276
DOI:10.2307/1239631