Table 2.
Conventional rearing | Welfare-friendly rearing | Difference | |
---|---|---|---|
Meat price ($US per kg) |
2.203 [2.203; 2.203] |
2.164 [2.163; 2.165] |
−0.038 [−0.039; -0.037] |
Total sold meat quantity (Million Kg) |
9,463.032 [9286.834; 9639.673] |
9,640.576 [9465.919; 9815.686] |
177.54 [174.87; 180.33] |
Total revenue (Million $US) |
20,843.5 [20,456; 21,233] |
20,865 [20,477; 21,254] |
21.5 [21; 21.7] |
Total costs (Million $US)# |
1,935 [1,935; 1,935] |
645 [625; 665] |
−1,290 [−1,310; -1,269] |
Total profit (Million $US)# |
18,909 [18,521; 19,298] |
20,220 [19,843; 20,598] |
1,311 [1,291; 1,331] |
Consumer surplus (Million $US) |
9,668 [9488; 9848] |
10,034 [9857; 10211] |
366 [361; 372] |
#Calculation excluding common costs.
95% Confidence intervals appear in squared brackets, as calculated using a bootstrap procedure.