Beef Quality: Will Consumers Pay for Less Fat?

A nationwide retail survey is used to estimate hedonic prices of fat characteristics in beef table cuts. Results show that consumers consistently place a negative value on external fat for all table cuts and on seam fat in chuck and round cuts, but do not consistently value intramuscular fat. These...

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Bibliographic Details
Main Authors:	Laurian J. Unnevehr, Sharon K. Bard
Format:	Article
Language:	English
Published:	Western Agricultural Economics Association 1993-12-01
Series:	Journal of Agricultural and Resource Economics
Subjects:	beef demand demand for characteristics hedonic prices
Online Access:	https://ageconsearch.umn.edu/record/30964

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spelling	doaj-c584b4104afc4660b10d5936d2145e332020-11-25T02:56:54ZengWestern Agricultural Economics AssociationJournal of Agricultural and Resource Economics1068-55022327-82851993-12-0118228829510.22004/ag.econ.3096430964Beef Quality: Will Consumers Pay for Less Fat?Laurian J. UnnevehrSharon K. BardA nationwide retail survey is used to estimate hedonic prices of fat characteristics in beef table cuts. Results show that consumers consistently place a negative value on external fat for all table cuts and on seam fat in chuck and round cuts, but do not consistently value intramuscular fat. These consumer preferences are not transmitted to cattle feeders through price signals, even though the current beef grading system can distinguish carcasses with undesirable fat characteristics.https://ageconsearch.umn.edu/record/30964beef demanddemand for characteristicshedonic prices
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	Laurian J. Unnevehr Sharon K. Bard
spellingShingle	Laurian J. Unnevehr Sharon K. Bard Beef Quality: Will Consumers Pay for Less Fat? Journal of Agricultural and Resource Economics beef demand demand for characteristics hedonic prices
author_facet	Laurian J. Unnevehr Sharon K. Bard
author_sort	Laurian J. Unnevehr
title	Beef Quality: Will Consumers Pay for Less Fat?
title_short	Beef Quality: Will Consumers Pay for Less Fat?
title_full	Beef Quality: Will Consumers Pay for Less Fat?
title_fullStr	Beef Quality: Will Consumers Pay for Less Fat?
title_full_unstemmed	Beef Quality: Will Consumers Pay for Less Fat?
title_sort	beef quality: will consumers pay for less fat?
publisher	Western Agricultural Economics Association
series	Journal of Agricultural and Resource Economics
issn	1068-5502 2327-8285
publishDate	1993-12-01
description	A nationwide retail survey is used to estimate hedonic prices of fat characteristics in beef table cuts. Results show that consumers consistently place a negative value on external fat for all table cuts and on seam fat in chuck and round cuts, but do not consistently value intramuscular fat. These consumer preferences are not transmitted to cattle feeders through price signals, even though the current beef grading system can distinguish carcasses with undesirable fat characteristics.
topic	beef demand demand for characteristics hedonic prices
url	https://ageconsearch.umn.edu/record/30964
work_keys_str_mv	AT laurianjunnevehr beefqualitywillconsumerspayforlessfat AT sharonkbard beefqualitywillconsumerspayforlessfat
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Beef Quality: Will Consumers Pay for Less Fat?

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