Fecha/hora: 15/06/2024 21:49:38

Biblioteca(s): | INIA Las Brujas.
Fecha corriente: | 02/10/2017
Fecha de la última actualización: | 02/10/2017
Autoria: | LANFRANCO, B.; CASTAÑO, J.P.
Afiliación: | BRUNO ANTONIO LANFRANCO CRESPO, INIA (Instituto Nacional de Investigación Agropecuaria), Uruguay; JOSE PEDRO CASTAÑO SANCHEZ, INIA (Instituto Nacional de Investigación Agropecuaria), Uruguay.
Título: | Hedonic pricing of grass-fed cattle in Uruguay: effect of regional resource endowments. (Original research).
Año de publicación: | 2017
Fuente/Imprenta: | Rangeland Ecology and Management, 2017, 70(5):549-559.
ISSN: | 1550-7424
DOI: | 10.1016/j.rama.2017.04.001
Idioma: | Inglés

Notas:

Article history: Received 23 March 2016; Received in revised form 24 March 2017; Accepted 3 April 2017; Available online xxxx.
This work is part of the normal research activities carried out by the authors as staff members of the National Agricultural Research Institute of Uruguay (INIA, Instituto Nacional
de Investigación Agropecuaria). The project was financed 100% by this institution .

Contenido:

ABSTRACT.
A hedonic model of feeder and replacement cattle prices in Uruguay was specified to include both permanent agroecological factors (soil productivity and water holding capacity [WHC]) and nonpermanent factors (season, available soil moisture, and pasture conditions) as explanatory variables. Results indicate that predominant agroecological endowments (soil characteristics, water availability, and average seasonal climatic conditions) determine geographic price patterns for cattle produced under extensive production systems. In addition, weather variability and especially extreme events have an important impact on short-run cattle markets. As pasture conditions improve or precipitation increases (e.g., both soil moisture and surface runoff), livestock prices tend to fall, ceteris paribus. A cattle price gap between different regions of Uruguay based on permanent resource endowments (e.g., soil productivity and WHC) and temporary agroecological conditions exists and is illustrated using a series of iso-price maps. The hedonic price model also included various cattle characteristics and marketing conditions as explanatory variables. Grass-fed cattle in Uruguay are not a homogeneous commodity; video auction prices incorporate information about a range of agroecological factors that influence cattle production, marketing patterns, as well as perceived and actual cattle quality and performance. 
© 2017 The Society for Range Management. Published by Elsevier Inc. All rights reserved.

Palabras-Clave: | AGROECOLOGICAL CONDITIONS; CATTLE PRICES; GRAS-FED; HEDONIC MODEL; PROVENANCE; RESOURCE ENDOWMENT.
Categoría del tema: | L01 Ganadería
Registro original: | INIA Las Brujas (LB)
Ejemplares: | LB - (101462-1) - PXI - AP - DD - PP/RAMA/2017 -  -  - DIS