HOW ACCURATE ARE FARMERS IN ASSESSING THE GAINS ASSOCIATED WITH QUALITY? THE CASE OF THE MEAT GOAT INDUSTRY

@inproceedings{Gillespie2015HOWAA,
  title={HOW ACCURATE ARE FARMERS IN ASSESSING THE GAINS ASSOCIATED WITH QUALITY? THE CASE OF THE MEAT GOAT INDUSTRY},
  author={Jeffrey M. Gillespie and Narayan P. Nyaupane and K. W. Mcmillin},
  year={2015}
}
Meat goat producers were queried to determine subjective estimates of premiums they would receive for slaughter kids of various selection classes. Market-based predicted premium estimates were obtained via regression using published U.S. Department of Agriculture Agricultural Marketing Service data. Subjective versus market-based predicted premium estimates were compared to determine producer accuracy in predicting premiums. Producers tended to overestimate quality premiums. Producers more… CONTINUE READING

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