An analysis of the impact of different scenarios on the market for stockfeed proteins in South Africa

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dc.contributor.author Esterhuizen, D.
dc.contributor.author Van Zyl, Johan
dc.contributor.author Kirsten, Johann F.
dc.date.accessioned 2007-05-16T07:09:10Z
dc.date.available 2007-05-16T07:09:10Z
dc.date.issued 1999-12
dc.description For more information on the Agricultural Economics Association of South Africa or subscription to Agrekon, visit http://www.aeasa.org.za en
dc.description.abstract The objective of this paper is to present the results from a study which was done to analyse the operation of the demand for and supply of the most important stockfeed proteins (maize, wheat, sorghum, oilseed and fishmeal). A sectoral mathematical model was developed to analyze the economic impact of changes in the market for stockfeed proteins on the South African animal feed market. The model was used to simulate the effects of arbitrarily chosen scenarios on key parameters. Results indicate that models, such as these, are indispensable planning tools in situations of uncertainty. Relatively small changes in important things like production costs, yields and international prices often have profound influences on local production patterns and profitability. It clearly illustrates that in an environment of free domestic trade and increased international trade liberalisation, factors outside of agricultural policy may have much larger impacts than agricultural policy. en
dc.description.uri http://www.aeasa.org.za en
dc.format.extent 1472929 bytes
dc.format.mimetype application/pdf
dc.identifier.citation Esterhuizen, D., Van Zyl, J. & Kirsten, J.F. (1999). An analysis of the impact of different scenarios on the market for stockfeed proteins in South Africa. Agrekon, 38(4), 839-851. [http://www/aeasa/org/za] en
dc.identifier.issn 0303-1853
dc.identifier.uri http://hdl.handle.net/2263/2404
dc.language.iso en en
dc.publisher Agricultural Economics Association of South Africa en
dc.rights AEASA en
dc.subject Demand and supply en
dc.subject Sectoral mathemetical model en
dc.subject Influential factors outside agricultural policy en
dc.subject.lcsh Markets -- Stockfeed proteins -- Modelling
dc.subject.lcsh Farm produce -- Marketing
dc.title An analysis of the impact of different scenarios on the market for stockfeed proteins in South Africa en
dc.type Article en


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