• 제목/요약/키워드: beef price

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Causal Relationship among Bioethanol Production, Corn Price, and Beef Price in the U.S.

  • Seok, Jun Ho;Kim, GwanSeon;Kim, Soo-Eun
    • 자원ㆍ환경경제연구
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    • 제27권3호
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    • pp.521-544
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    • 2018
  • This paper investigates the impact of ethanol mandate on the price relationship between corn and beef using the monthly time-series data from January 2003 through December 2013. In addition, we examine the non-linearity in ethanol, corn, and beef markets. Based on the threshold cointegration test, we find the symmetric relationship in pairs with ethanol production-corn price and ethanol production-beef price whereas there is the asymmetric relationship between prices of corn and beef. Employing the threshold vector error correction and vector error correction models, we also find that the corn price in the U.S is caused by both ethanol production and beef price in a long-run when the beef price is relatively high. On the other hand, the corn price does not cause both ethanol production and beef price in the long run. Findings from this study imply that demanders for corn such as ethanol and beef producers have price leadership on corn producers.

한우 가격 파동의 인과순환적 구조분석과 정책 시뮬레이션 (Causal Loop Analysis and Policy Simulation on the fluctuation of Korean Cattle Price)

  • 최남희
    • 한국시스템다이내믹스연구
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    • 제14권3호
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    • pp.135-163
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    • 2013
  • This study aims to analyze the feedback loops and policy simulation of price fluctuation of Korean Cattle. The Korean Cattle market shows the 'Cycle of Beef' since 1970. In general, the market for agricultural commodities exhibit repeated cycles of prices and production. Why Beef products market in Korea shows the fluctuation of cattle and beef price repeatedly for forty years? To find an answer, this paper explores the feedback structure of the dynamics of the beef market by the systems thinking and build a stock-flow diagram model for the simulation of future behavior of the market sector of the Cattle. The dynamic simulation model was developed to identify and analyze the cyclical behavior among many variables, which is the number of cattle (calves, cow, etc.), the price of cattle, the demand for beef, the desirable number of cattle, slaughter, etc. The results of this study demonstrate that dominant feedback loops between the number of cattle and livestock prices. The demand for Beef and slaughter with time delay, also the results of the simulation to explain the persistence of future price fluctuations and actions meat market until 2025.

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한우와 수입산 쇠고기의 부위별 수요함수 추정 - 수도권 소비자를 중심으로 - (The Estimation of the Demand Function of Korean Beef and Imported Beef Cuts - Focusing in Consumers in the Metropolitan Area -)

  • 남국현;최영찬
    • 농촌지도와개발
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    • 제23권4호
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    • pp.387-403
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    • 2016
  • This paper estimated the demand function of the cuts of Korean beef and imported beef by using the consumer panel and retail price data from the Korean Agro-Fisheries & Food Trade Corporation, and the weather data from the Korea Meteorological Administration with an log-log model and AIDS model. The results show that the preference for cuts of beef used for cooked soup, steamed dish, Changjorim are more elastic than cuts used for roasting when there is a change in price and income in the estimation of demand function of Korean beef. On the other hand, consumers respond sensitively with the demand of roasting part compared to steamed dish, Changjorim, soup when there is change in price and income in the estimation of demand function of imported beef. The results indicate that there is substitutional relationship between Korean beef and imported beef, because Korean beef cuts used for roasting can substitute for imported roasting part and the same relationship applies to steamed dish, soup, Changjorim. In addition, family number, family member, husband job, purchasing place, means of transportation, purchasing time, weather are statistically significant.

지역자원 순환형 유기한우의 경영모델 (A Management Model for Korean Organic Beef Cattle Farming using Regional Resources)

  • 허승욱;김호
    • 한국유기농업학회지
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    • 제16권1호
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    • pp.1-19
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    • 2008
  • Producing Korean organic beef cattle costs a great deal because it needs breeding conditions like the organic feed, an uncontaminated breeding farm and so on. So the price of Korean organic beef (KOB) is more expensive than that of Korean general beef (KGB). To overcome this adverse price condition, a case production organization in Asan will choose direct marketing routes for consumers or the shop under direct management of the organization, or franchise shops. As a result, these marketing routes are expected to narrow the price gap between KOB and KGB. And consumers will accept the price of KOB if quality of KOB is very high level, for example the first grade++.

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소고기 전문식당 선택속성에 대한 소비자 선호도 연구 (An Analysis on the Preference of Consumers to the Choice Attributes of Beef Restaurant)

  • 김현미;정라나
    • 한국식품조리과학회지
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    • 제33권2호
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    • pp.228-236
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    • 2017
  • Purpose: This study investigated beef restaurant's selection attributes using conjoint analysis in order to provide useful information to marketers and managers. Methods: A total of 320 questionnaires were distributed to consumers who visited a beef restaurant in August 2016, and 284 were completed (96.90%). Statistical analyses of data were performed using SPSS/Windows 22.0 for descriptive statistics and conjoint analysis. Results: The results of this study demonstrate the relative importance and level of each attribute for selecting beef restaurants. Price showed the greatest importance (34.86%), followed by origin of beef (27.52%), level of support services (25.72%), and variety of side dishes (11.90%). The optimum attribute combination was various side dishes (0.059), Korean beef (0.385), Very high service level (-0.291), and price of 8,000 won (-0.782). The most preferred beef restaurant gained 37.60% potential market share from choice simulation. There were significant differences in importance of attributes related to age of respondents. For respondents in their 20s and older than 50s, the first consideration was price. Respondents in their 30s considered the level of support services first while those in their 40s considered origin of beef first. Importance of attributes based on companion of respondents revealed that all respondents considered price first. Conclusion: This study contributes to development of marketing plans based on a customer's involvement level focusing on their primary selection criteria when choosing a beef restaurant. Additionally, marketers who manage beef restaurants can estimate the market share of imaginary beef restaurants from these results.

세계화에 따른 한우브랜드의 마케팅전략에 관한 연구 (A Study on marketing strategy for the Brand-name of Korea's Meat in the globalization Era)

  • 임기흥
    • 통상정보연구
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    • 제10권3호
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    • pp.391-406
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    • 2008
  • Recently, U.S. beef completely is opened and a point of present time, beef import market is increased, the high branding and high quality of Korea's beef cattle is urgent for a brand-name of Korea's Meat got competitive superiority in world market. Also, for that situation, Producers and Distributors request successful marketing strategy establishment and in the concrete, I present a counterplan strategy based on 4P(price, product differentiation, sales promotion, distribution) strategy.

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한-중FTA대비 국내 육우산업 가격경쟁력 비교 : 중국 베이징, 상하이 시장조사를 중심으로 (A Comparative Study on the Price Competitiveness of Korean Beef(Hanwoo) in China : An Analysis Based on Market Research Focusing on Beijing and Shanghai)

  • 권기정;서효동;장선식;박지현
    • 벤처창업연구
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    • 제9권5호
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    • pp.221-234
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    • 2014
  • 2013년 중국의 쇠고기 수입금액이 13.3억 달러(전년대비 4.8배)로 치솟는 등 최근 중국의 쇠고기 소비시장이 급변하고 있다. 글로벌 쇠고기 시장은 이와 같은 중국 시장변화에 주목하며 시장접근 전략마련에 고심하고 있으나, 우리는 한우고기의 낮은 가격경쟁력에만 초점을 맞추다보니 중국을 수출상대국으로서 분석하는 작업이 미흡하였다. 한 중 FTA 등 시장개방이 본격화 될 경우 한우고기 사육농가의 피해방지를 위한 시장 방어적 차원에서의 논의만이 이루어져 오고 있었다. 중국 쇠고기 시장은 가격경쟁이 치열한 저급육 시장이 지배적이지만 품질과 안전을 추구하는 고급육시장이 형성되고 있다. 이에 본 연구팀은 한우고기 수출을 위한 첫걸음으로 중국 1선급 도시인 베이징, 상하이의 쇠고기 가격 및 품질 등에 대한 시장조사를 수행하고, 한우고기의 대중국 쇠고기 시장에서의 가격경쟁력을 분석하였다. 분석결과 한우고기는 우둔, 갈비, 등심 부위가 베이징, 상하이에서 판매되고 있는 중국산, 수입산 쇠고기 고가그룹에서 가격경쟁력 우위를 확보하고 있는 것으로 나타났다. 특히, 베이징에서는 한우고기 우둔과 등심부위가, 상하이에서는 한우고기 갈비와 등심부위가 가격경쟁력이 확보된 것으로 나타났다.

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수도권 주부를 중심으로 한 브랜드육에 대한 인식조사 (A Survey on Housewives' Perceptions of Branded Beef in a Metropolitan Area of Seoul Korea)

  • 김미현;이남혁;노정해
    • 한국식품영양학회지
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    • 제20권1호
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    • pp.96-101
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    • 2007
  • 서울과 수도권에 거주하는 주부 150명을 대상으로 소고기 소비와 한우육에 대한 의견을 설문지를 통하여 조사하였다. 한우 고기를 선택한 이유는 맛/품질(56.5%)과 위생/안전(27.8%)으로 나타났으며, 한우 구입 장소는 정육점(42.3%), 백화점, 할인마트, 대형마트(28.1), 농협, 축협(19.9%)순으로 나타났다. 한우육의 구매 가격은 약 20,944원으로 1회 구입량은 1.4근으로 구입하고, 한우의 가격은 61.7% 소비자들이 ‘비싸다’라고 대답하였다. 한편, 수입육을 선택하는 이유는 가격이 ‘싸다’라고 78.0%가 응답하였으며, 구입은 할인점, 백화점(39.4%), 정육점(31.1%)순이었다. 한우 브랜드육에 관한 조사에서는 73.3%가 브랜드육을 들어본 적이 있는 것으로 응답하였으나 브랜드육을 구입한 적은 48%에 불과한 것으로 나타났다. 브랜드 구매하는 이유는 맛(40.0%), 위생(25.2%)으로 일반한우에 비하여 맛과 품질이 매우 좋거나 좋은 것은 51.1%로 '비슷하다'(22.4%) 또는 '잘 모르겠다'(29.9%)라고 응답하여 한우 브랜드육에 대한신뢰가 아직은 높지 않은 것을 볼 수 있었다. 한우 브랜드육의 구입할 때 품질/맛(54.9%),위생/안전성(38.9%)을 중요하는 요건으로 꼽았으며, 가격은 일반한우보다 약 18% 차이가 나더라도 구입하겠다는 것으로 나타났다. 모든 농산물의 수입화가 빠르게 진행되어져 가는 지금의 실태에서 우리나라 소비자에게 있어서 한우육에 대한 인식이 매우 좋고 구매가 선호되는 대상이라는 점은 무척 고무적인일이라 할 것이다. 그러나 이러한 신토불이에 의거한 한우육 선호 인식만을 토대로 브랜드육이 특별한 노력을 기울이지않는다면 브랜드육의 시장은 반드시 밝다고만은 할 수 없는 실정이다. 그러므로 브랜드육은 소비자의 요구에 발맞추어 향후의 방향을 진행하여 나아가야만 할 것이다.

Factors affecting consumers' preferences for US beef

  • Yoo, Jeongho;Kim, Sounghun;Yoo, Juyoung
    • 농업과학연구
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    • 제45권4호
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    • pp.905-916
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    • 2018
  • The purpose of this study was to analyze factors affecting US beef consumption intention in the future, to identify the causes of US beef import growth and to derive implications and strategies for domestic beef producers. Since the KORUS FTA was signed in 2012, US beef imports in 2017 totaled 379,064 tons, an annual increase of 3.5 percent. US beef imports have been steadily increasing due to cuts in FTA tariffs and changes in consumer preferences. The data used in this study utilized a sample of 3,290 grocery purchasers from the Korea Rural Economic Institute's 2016 Food Consumption Behavior Survey. The analytical method used the Ordered Logit Model to analyze what factors influence a consumer's subjective evaluation. As a result, the major factors affecting US beef consumption intention in the future are price, taste and safety. In particular, it has to do with the recent surge in U.S. imports of good-tasting chilled meat. Because chilled meat does not differentiate the market from Hanwoo beef produced in Korea, it is necessary to have differentiated taste and low price through cost reduction. By age and family group, people aged 30 - 40 years and single-person households are the main consumption group. As a result of this study, it is necessary to establish marketing strategies for producers such as rational pricing, safety, taste promotion, and small-scale sales to extend the demand for Hanwoo beef in the younger generation to enhance the competitiveness of the domestic beef market.

Costs and Returns in Raising Male Calves from Smallholder Dairy Farms for Beef Production

  • Buaphun, S.;Skunmun, P.;Prasanpanich, S.;Buathong, N.;Chantalakhana, C.
    • Asian-Australasian Journal of Animal Sciences
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    • 제13권10호
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    • pp.1461-1466
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    • 2000
  • The use of the dairy male calf for beef production has been found to be economically unprofitable during the past due to high cost of feeds and relatively low beef price. However, due to current shortage of domestic beef supply and rising beef price, this research aimed to assess feeding methods and costs and returns in raising dairy male calves for beef production under changing economic conditions. Two diets were compared: calves on an optimal feeding level were given milk replacer for 44 d and a concentrate (with ad lib. hay) to 150 kg bodyweight that contained 16% crude protein; those given a sub-optimal diet, more appropriate for smallholder farms, received milk replacer for 30 d and 14% CP concentrate. Twelve pairs of dairy male calves (average age 32 days) of Holstein-Friesian high grades were used, each pair having similar influencing factors such as weight, age, and genotype. Each animal was kept in a separate feeding stall until reaching the final weight of 150 kg. The results from this experiment showed that the differences of traits concerning growth performance and feed efficiency of the animals raised under the two feeding regimes were statistically nonsignificant. The optimal group was just slightly better, but the cost of production of the sub-optimal group was 24 percent lower (4,667 vs. 6,144 baht per animal) and the cost difference was highly significant. The results from this investigation showed that beef production from dairy male calves can be economically viable when sub-optimal feeding method is used and market beef price is at current level.