Modified Corn—Will Livestock Producers Buy It?
Modified Corn—Will Livestock Producers Buy It?
Date
2015-08-12
Authors
Hayes, Dermot
Wendt, Noah
Hayes, Dermot
Wendt, Noah
Hayes, Dermot
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Hayes, Dermot
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Center for Agricultural and Rural Development
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Center for Agricultural and Rural Development
Abstract
Livestock producers are efficient producers who use feed rations containing the lowest cost (or least-cost) nutritive additives. As a group, they have not shown a willingness to pay a premium for feed grown from specialty seed that has been modified to meet the nutritional needs of different livestock species in different regions of the country. Will these producers ever be prepared to pay the premiums required to pull identity-preserved feed grains through the pipeline?