The increased amount of contracting in many agricultural markets continues to be a source of considerable controversy. Some research indicates that increased levels of contracting lead to better prices for processors/users while other research is inconclusive. This article uses an experimental...

Seldom are observed losing bids available in industry data. A special workshop of the Fed Cattle Market Simulator was designed to capture bids for each pen of cattle traded. Data enabled identifying buyer and seller behavior in the price discovery process, both before and after imposed mergers...