Opinions differ among economists as to how effective statistical analyses using time series data can be in identifying factors affecting demand and in measuring their influences. Although this presentation may not materially modify these opinions, it should at least succeed in making even the...

Costs of seven methods of handling beef by retail firms are explored, considering number and size of stores per firm and distance from the packer. The least costly method is centralized cutting into retail cuts by retail firms. Larger store size reduced per unit costs significantly for all...

A set of price-dependent demand equations explains the Interdependent nature of monthly demand relationships for 10 meat commodities The analysis uses a model with a mixed structural-time series approach. the model's forecasting capability is significantly better than that of the traditional...

The demand for U.S. feed grain is estimated using a six-equation simultaneous model. Four different utilizations of feed grain and feed grain price as well as the number of animal units fed are estimated. The reduced form of the model is used to provide forecasts of the endogenous variables for...

The study applies the Haugh procedure for establishing Granger causal orderings among prices for whole turkeys and turkey parts Breast prices and a yield - weighted index of parts prices led tom prices by 1 day The reduction in uncertainty about tom prices in one period gained from knowledge of...

A quarterly econometric model for U S agriculture is used to illustrate shortrun and longrun adjustments m major livestock subsectors resulting from changes m feed gram prices Adjustments in the different livestock subsectors differ sharply m both speed and magnitude because of underlying...

Plants in agricultural marketing and processing industries, generally speaking, function in an imperfectly competitive environment and therefore do not necessarily face perfectly elastic supply functions for inputs, or perfectly elastic demand functions for outputs. Relevant coefficients in cost...

The price structure of the beef-pork sector from the retail level back to the primary production level is evaluated in order to identify areas of inefficient performance. Results indicated efficient pricing performance between the slaughter and the retail levels. Results between the ranch and...

In 1969, formula feed manufacturers utilized 23.1 percent of all the feed grains and wheat fed to livestock. Estimates of aggregate demand by the mixed feed ind.:-stry for corn, oats, barley, grain sorghum, and wheat are presented. As expected, all of the feed grains have elastic demands. Grain...