Economics of Increased Beef Grader Accuracy

摘要: Carcass data from more than 38,000 cattle was used to compare the called and measured yield grade in two different periods: before after slaughter plant incorporated another grader line improve grading accuracy. The study shows that graders accuracy significantly increased. higher affected all grades, but most notably resulted 4 5 carcasses. This analysis will develop insight of what be effect instrument accurate previously grades.The results are expressed as conditional distribution for a given value grade. pricing grid currently by industry analyze errors on expected values premiums both periods show company has an incentive grading. Simulating vs. over prices at time standard showed can benefit $1.32 per head increasing