Affiliation:
1. Department of Agricultural and Resource Economics University of Tennessee Knoxville Tennessee USA
Abstract
AbstractGenomic tests (GTs) provide information about the expected performance of cattle. Cattle producer survey results indicated that 56% of producers were interested in using GTs for marketing cattle and 74% would use GTs to select replacement heifers. If interested in using GTs to market cattle, on average, producers indicated they were willing to pay $21/head and test 55% of their animals. For replacement heifers, on average, they were willing to pay $23/head and test 77% of their heifers. A conditional mixed process regression framework found producer characteristics and risk preferences were associated with the decisions involved in using GTs.
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1 articles.
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