A comparative analysis was performed looking at using cash, futures, options, or insurance to manage the price of calves for cow-calf producer. Risk can be reduced with the futures market and with options or LRP insurance. Options and LRP insurance are equivalent in the amount of risk that is...

A directed a cyclical graph (DAG) methodology was used to discover changes in price relationships among cull cow markets in the U.S. and Canada resulting from the trade ban initiated by the discovery of bovine spongiform encephalopathy (BSE, also called mad cow disease), in a Canadian cow in...

Feeder calf prices are examined from a national video auction sales from 2004-2006. Many cattle, lot, and market characteristics significantly impact feeder cattle basis. Auction prices were adjusted for quality differences and for transportation costs and compared across regions. Basis was...

The economic health of the Canadian beef industry is dependent upon exports. The U.S. market is the largest export market (over 70 percent of export volume) for Canadian beef. Imports of Canadian beef are equivalent to only about 4 percent of domestic U.S. production; however, many U.S....

In a study of beef quality, consumers tasted steak samples and participated in an experimental auction to determine their willingness to pay. Steaks differed in marbling, tenderness, country of origin, and aging method. Marbling and tenderness had statistically significant impacts on consumers'...

In 2002, consumers from Chicago and Denver participated in an experimental auction and taste panel to elicit willingness to pay for beef originating from the United States, Australia and Canada. Approximately 69% of the consumers were willing to pay a premium of 19% more for a Guaranteed U.S...