Document Type
Article
Publication Date
8-2024
Keywords
agricultural policy; indemnity; livestock dis-; ease; producer preferences
Abstract
Objective
Livestock disease management is crucial for producers. To control and eradicate disease, the US government has a duty to depopulate infected or potentially infected animals, and current indemnity policy dictates that producers must receive fair market compensation for depopulated animals. This study surveys producers’ preferences regarding livestock indemnity policy to better understand ordered preferences for any changes in the future.Materials and Methods
Through a ranked-ordered probit model, we analyzed producers’ rankings of 4 different types of indemnity from an online producer survey.Results and Discussion
Based on the responding producers, the most preferred method of livestock indemnity is fair market value for the animal, and the second most preferred indemnity policy is government-subsidized livestock insurance.Implications and Applications
The results indicate heterogeneity in preference rankings across producers and by producer characteristics. Our findings provide policy- makers with information on producers’ opinions for compensation after a disease outbreak. These insights allow legislators to consider producers’ preferences when updating or creating new policies regarding livestock disease management in the future.Citation
Campbell, V. L., Thompson, J. M., Apriesnig, J. L., Tonsor, G. T., & Pendell, D. L. (2024). Producer Perceptions of US Livestock Indemnity Policy. Applied Animal Science, 40 (4), 542-548. https://doi.org/10.15232/aas.2024-02543
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.
