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Vertical Integration In The Chicken Broiler Industry, Juana Sanchez
Vertical Integration In The Chicken Broiler Industry, Juana Sanchez
Conference on Applied Statistics in Agriculture
This paper analyzes three hypotheses concerning supply in the U.S. chicken broiler industry: (a) there has been a cycle in the industry of approximately 27-36 months length; (b) the seasonal and other periodic components, as well as relations between variables, have changed as a result of vertical integration in the industry; (c) the effects of vertical integration in the industry were counteracted in the early seventies by such forces external to the industry as domestic and international economic conditions .
The hypotheses are analyzed using new monthly, non-seasonally adjusted time series data for chick placement, wholesale broiler prices, chicks hatched …