The Distribution of Risk and Reward in Extensive Livestock Improvement Systems, Their Consequences and Possible Responses

Author(s)
Banks, Robert
Publication Date
2017
Abstract
A range of players or sectors make investments into genetic improvement in the extensive livestock industries, but overall returns are heavily dependent on decisions made by bull- (and ram-) breeders. They in turn rely on sales of genetic material to cover their own investments and maintain profitability. Some broad-scale characteristics of the investments and of the markets for genetic material are reviewed, leading to the observation of very high uncertainty in those markets. This uncertainty is almost certainly acting as a brake on genetic progress, and some possible approaches to reduce the uncertainty are considered. Such approaches will aim to improve efficiency of the market for genetic material, and will need to be designed to be robust, transparent and simple and cheap to apply.
Citation
Proceedings of the Association for the Advancement of Animal Breeding and Genetics, v.22, p. 373-376
ISSN
1328-3227
Link
Language
en
Publisher
Association for the Advancement of Animal Breeding and Genetics (AAABG)
Title
The Distribution of Risk and Reward in Extensive Livestock Improvement Systems, Their Consequences and Possible Responses
Type of document
Conference Publication
Entity Type
Publication

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