Livestock, Dairy, and Poultry Supply Chain Economics
AAEC 3070
3 hours
Livestock, Dairy, and Poultry Supply Chain Economics
Analytical Thinking
Critical Thinking
Course Description
Study livestock, dairy, and poultry supply chains through the analysis of how product moves, who moves it, and how management decisions are made within it.
Athena Title
Lvstck Dairy Poul Supply Chain
Prerequisite
AAEC 2580 or AAEC 2580E or ECON 2106 or ECON 2106E or ECON 2106H
Semester Course Offered
Offered fall
Grading System
A - F (Traditional)
Student Learning Outcomes
Students will describe and analyze the structure and key functions of livestock, dairy, and poultry supply chains, including the roles of producers, processors, and distributors.
Students will evaluate market news and data to assess trends and emerging challenges in livestock, dairy, and poultry industries.
Students will apply economic models and analytical tools to assess the impact of new information on supply chain participants and market outcomes.
Students will develop and justify supply chain strategies that improve efficiency and risk management for livestock, dairy, or poultry operations.
Topical Outline
Overview of livestock, dairy, and poultry supply chains
Economics of the livestock, dairy, and poultry marketing system
Commodity marketing of livestock, dairy, and poultry animals and products through traditional supply chains
a. Marketing plan
b. Logistics management
c. Market behavior
i. Price dynamics
ii. Selling arrangements
d. Marketing and risk management tools
End consumer marketing strategies
a. Market analysis
b. Consumer marketing tactics and alternatives
Institutional Competencies
Analytical Thinking
The ability to reason, interpret, analyze, and solve problems from a wide array of authentic contexts.
Critical Thinking
The ability to pursue and comprehensively evaluate information before accepting or establishing a conclusion, decision, or action.
