Navigation Links
Can Another Swine Flu Outbreak Increase the Price of Bacon?

The swine flu (H1N1) was the virus that spread from animals to humans in America in 2009. The foot-and-mouth disease (FMD) is a potential new outbreak. Although the U.S. has eradicated this disease after its first and only occurrence in 1929, it is present in more than two-thirds of countries in the world, posing a risk from trading partners.

In a new article released in the Applied Economic Perspectives and Policy, Berna Karali from the University of Georgia along with Matthew Houser from Mather Economics LLC dive deeper into the economic impacts of food safety and animal disease outbreaks.

Karali says, “Results show that food scares contribute to market uncertainty and sharp price fluctuations in livestock futures markets. An important finding is the spillover effect between the two markets. Volatility in the nearby hog futures market is found to lower the volatility in the live cattle market, indicating that uncertainty in one market stabilized fluctuations in a substitute commodity. This possibly stems from increased demand in cattle when pork supplies are variable, suggesting that food scares affecting the hog market increases certainty in the live cattle market.”

She continued, “Daily return on cattle futures dropped by about 3 percentage points and variance increased by 0.2 after the first BSE outbreak in the U.S. For hogs, daily return dropped by about 2 percentage points and variance increase by 0.4 following the first H1N1 outbreak.”

View the article “How Scary are Food Scares? Evidence from Animal Disease Outbreaks” online. For setting up an interview with Karali, please contact Allison Scheetz in the AAEA Business Office.

ABOUT AAEA: Established in 1910, the Agricultural & Applied Economics Association (AAEA) is the leading professional association for agricultural and applied economists, with 2,500 members in more than 60 countries. Members of the AAEA work in academic or government institutions as well as in industry and not-for-profit organizations, and engage in a variety of research, teaching, and outreach activities in the areas of agriculture, the environment, food, health, and international development. The AAEA publishes two journals, the American Journal of Agricultural Economics and Applied Economic Perspectives & Policy, as well as the online magazine Choices and the online open access publication series Applied Economics Teaching Resources. To learn more, visit

Read the full story at

Source: PRWeb
Copyright©2020 Vocus, Inc.
All rights reserved

Related medicine technology :

1. Another New Customer And Co-Operation Announced By M Line Holdings, Inc., Adding Potential New Revenue And Earnings
2. CytoSorbents Records Another Solid Quarter of Growth in Q2 2014
3. Another Italian Beauty Joins the Quanta Aesthetic Lasers Lineup
4. Transvaginal Mesh Lawsuit Latest Update News: J&Js Ethicon Loses another Mesh Trial
5. Quinolone Vigilance Foundation Supports Citizen Petition Requesting Another Black Box Warning for Levaquin, Cipro, Avelox
6. Celebrity Attorney Mychal Wilson Victorious Against Biotronik, Inc. in Winning Yet Another Whistleblower Case for the American Taxpayer
7. Post Silk Road - Another Online Drug Den Now Dominates the DarkNet
8. Unchained Labs lands another win in the biologics stability market! Acquires AVIA Biosystems
9. Restore Health Secures Another Clinical Trial with Ironshore Pharmaceuticals & Development
10. IRIDEX Chief Financial Officer Resigns to Accept Another Opportunity
11. Arena Solutions Closes Another Record Quarter for Bookings; More than One-Third of All Arena Customers Expand their Engagement in Q3 2015
Post Your Comments:
(Date:8/27/2020)... ... August 27, 2020 , ... Bleep LLC, maker of the DreamPort mask-less CPAP ... the company’s new spokesperson. , “In my line of work, a good night of ... Bleep DreamPort it was a Bleeping no brainer for me,” said Jensen. “From the ...
(Date:8/26/2020)... (PRWEB) , ... August 26, 2020 , ... ... How Chiropractic Care Helps Sports Injuries. The infographic breaks down ways that chiropractors ... quicker, healthier recovery. , According to ScripHessco “Athletes have an unusual amount of ...
(Date:8/26/2020)... ... August 26, 2020 , ... ... has entered into definitive agreement to acquire ProCE, a nationally recognized provider ... pharmacy technicians. , CEA represents a growing alliance of CME/CE and ...
Breaking Medicine Technology:
(Date:9/1/2020)... ... September 01, 2020 , ... As fall and winter swiftly ... Cohn Health Institute has taken this time to expand and grow into a ... Anniversary, the Cohn Health Institute will be relaunching its brand new website, expanding its ...
(Date:8/31/2020)... ... August 31, 2020 , ... Ocean ... face masks to medical first responders across the United States. Since the start ... personal protective equipment (PPE) medical centers , hospitals , firefighters ...
(Date:8/31/2020)... Ga. (PRWEB) , ... August 31, 2020 , ... The pandemic and topsy-turvy economic outlook ... examine our budgets and look for ways to trim the fat from our monthly expenses ... your finances, but it’s also important that you have a financial safety net in place ...
(Date:8/29/2020)... MONTREAL (PRWEB) , ... August 29, 2020 , ... When ... - perhaps with greater ease than most people would. Rather than become melancholic, however, ... yet deep advice on achieving one’s dreams. Randy Pausch took a negative situation and ...
(Date:8/28/2020)... ... , ... Integrated Viral Protection (IVP Air) today announced that the ... breakthrough Mobile Biodefense Indoor Air Protection System that is the first system designed and ... reopen equipped with the filtration system on September 8th. , The IVP Air ...
Breaking Medicine News(10 mins):