Economic Impacts of Zilmax(R) Adoption in Cattle Feeding

Ted Schroeder and Glynn Tonsor

Journal of Agricultural and Resource Economics, 2011, vol. 36, issue 3, 15

Abstract: The Food and Drug Administration recently approved the feeding of Zilmax(R) for cattle in the United States. This study determines direct net return benefits for early-adopting cattle feeders and beef packers. In addition, longer-run producer and consumer surplus measures are estimated as adoption impacts market prices and quantities. After markets adjust, cow-calf producers, cattle feeders, and consumers will gain from adopting the new technology.

Keywords: Farm Management; Livestock Production/Industries; Production Economics (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlaare:119178

DOI: 10.22004/ag.econ.119178

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