Value of animal traceability systems in managing a foot-and-mouth disease outbreak in southwest Kansas

TL;DR: In this paper, the authors demonstrate the local economic impact of a hypothetical foot-and-mouth disease outbreak in southwest Kansas, an area with high density of cattle feeding, and show that the expected economic impact depends heavily on where the incidence of the disease occurs, and that disease surveillance, management strategies, mitigation investment and overall diligence clearly need to be much greater in concentrated cattle feeding and processing areas at the large feeding operations in the region.

TL;DR: It is found the agricultural firms bear most of the negative economic impacts, followed by regional non‐agricultural firms, human health and government, which benefit from small outbreaks due to bans on agricultural exports.

TL;DR: In this article, a dynamic model that integrates beef cattle production, disease dissemination, domestic consumption, and international trade was developed to capture the intertemporal economic welfare impacts of mitigation measures.

TL;DR: Simulation of a foot and mouth disease (FMD) outbreak in the Texas High Plains suggested that control costs of the outbreak significantly increase if tracing does not occur until day 10 as compared to the baseline of tracing on day 2, while results suggest potential benefits from rapid effective tracing in terms of reducing government control costs.

TL;DR: An individual farm–based stochastic model of the current UK epidemic of foot-and-mouth disease reveals the infection dynamics at an unusually high spatiotemporal resolution, and shows that the spatial distribution, size, and species composition of farms all influence the observed pattern and regional variability of outbreaks.

TL;DR: The fourth edition of Agricultural Product Prices as mentioned in this paper brings its subject into the twenty-first century with information and insights that can be applied to agricultural markets worldwide, covering the distinctive features of their supply and demand and of the pricing institutions (such as auctions and futures markets) through which economic forces affect commodity prices.

TL;DR: In this paper, the implications of simultaneous equilibrium in three related markets: retail food, farm output, and marketing services were examined, and the implications for the viability of simple markup pricing rules and the determinants of the farmer's share of the food dollar were discussed.

TL;DR: The overall costs to the UK economy are substantially less than the sum of these components, as much of the expenditure by tourists was not lost, but merely displaced to other sectors of the economy.