University of SaskatchewanHARVEST
  • Login
  • Submit Your Work
  • About
    • About HARVEST
    • Guidelines
    • Browse
      • All of HARVEST
      • Communities & Collections
      • By Issue Date
      • Authors
      • Titles
      • Subjects
      • This Collection
      • By Issue Date
      • Authors
      • Titles
      • Subjects
    • My Account
      • Login
      JavaScript is disabled for your browser. Some features of this site may not work without it.
      View Item 
      • HARVEST
      • Electronic Theses and Dissertations
      • Graduate Theses and Dissertations
      • View Item
      • HARVEST
      • Electronic Theses and Dissertations
      • Graduate Theses and Dissertations
      • View Item

      The Farm Level Economic Impacts for Western Canadian Cow-Calf Producers Accessing the EU Market

      Thumbnail
      View/Open
      GABRUCH-THESIS-2017.pdf (591.8Kb)
      Date
      2017-10-06
      Author
      Gabruch, Amanda Lee 1993-
      ORCID
      0000-0002-4778-2623
      Type
      Thesis
      Degree Level
      Masters
      Metadata
      Show full item record
      Abstract
      The Canadian beef industry applauded the recent signing of the Comprehensive Economic and Trade Agreement, which will enable greater to access the valuable EU beef market. Despite the enthusiasm surrounding this trade opportunity, the commercial viability of producing for the EU market is still unknown for the cow-calf sector. Thus, the objective of this research is to estimate the premium required by cow-calf producers so that the benefit of enrolling in the EU program for certifying growth enhancing product free beef would outweigh the additional production costs. To address this objective, a break-even (BE) price is simulated under various production scenarios before and after the necessary adjustments are made to become EU compliant. The difference between these simulated break even prices represents an estimate of the required premium. Producers must be offered at least this premium to overcome the additional production costs imposed for compliance. The resulting estimates suggest that the BE difference ranges from $2.13 to $34.78 per calf, depending on the practices already in place prior to enrolling. Given the market conditions over the past decade, premiums as high as $60.12 per head would be required for some producers to maintain their profitability. Besides quantifying costs for EU certification, this research speaks to a greater narrative on the economic considerations of accessing new markets that require certain production attributes. Although these markets may offer higher values, it is important to balance potentially larger revenues with additional costs. Thus, this research offers a framework by which the impact of changing production regimes on profit may be simulated.
      Degree
      Master of Science (M.Sc.)
      Department
      Bioresource Policy, Business and Economics
      Program
      Agricultural Economics
      Supervisor
      Micheels, Eric T
      Committee
      Hobbs, Jill E; Kerr, William A; Grant, Brenna
      Copyright Date
      September 2017
      URI
      http://hdl.handle.net/10388/8188
      Subject
      CETA
      cow-calf
      systems model
      break-even
      Collections
      • Graduate Theses and Dissertations
      University of Saskatchewan

      University Library

      © University of Saskatchewan
      Contact Us | Disclaimer | Privacy