Skip to main content

Advertisement

Table 3 Producer surplus changes from vaccination and verification program adoption ($ millions), no benefits scenario

From: Market impacts of E. Coli vaccination in U.S. Feedlot cattle

  No animal performance impact With animal performance impact
Beef producer surplus Short run Intermediate run Long run Cumulative present value Short run Intermediate run Long run Cumulative present value
Retail level 294.05 32.58 5.07 654.66 527.41 58.49 9.10 1,174.59
Wholesale level 197.81 76.67 18.49 804.03 354.46 137.58 33.20 1,441.69
Fed cattle level −224.72 −110.56 −173.92 −1,000.90 −402.86 −198.29 −312.13 −1,795.23
Feeder cattle level −434.83 −61.77 −12.98 −1,018.27 −780.04 −110.82 −23.30 −1,826.42
Total Beef Industry Producer Surplus −167.69 −63.08 −163.33 −560.48 −301.02 −113.04 −293.13 −1,005.37
  1. Note: Producer surplus is calculated relative to 2012 quantities and prices for livestock and meat. Cumulative net present value was calculated using a 5% discount rate.