Cattle feeding enterprises operate amid variability originating in prices and production. Thisresearch explicitly models yield risks related to cattle feeding by relating the mean and varianceof yield performance factors to observable conditioning variables. The results demonstratethat pen...

Beef tenderness is critical in consumer satisfaction with beef steak products. Current fed cattle valuation systems do not differentiate carcasses based upon tenderness variation. However, considerable research indicates consumers are willing to pay more for tender relative to tough beef steak....

Cattle feeding enterprises operate amid variability originating in prices and production. This research explicitly models yield risks related to cattle feeding by relating the mean and variance of yield performance factors to observable conditioning variables. The results demonstrate that pen...

Value-added management practices for cow-calf producers have become prevalent as feeders have recognized the value of calves raised with certified health and weaning programs. Export markets requiring age and source verification or non-hormone treated cattle and advancement of markets for...

Trade liberalization has increased livestock sector interest regarding the impact of exports and imports on domestic meat prices. The focus of this analysis was to determine the impact on wholesale prices of various cuts of beef and pork from changes in U.S. meat exports and imports. The results...

Debates about captive supplies have been ongoing for more than a decade. This study investigates the effects captive supplies have on the beef farm-to-wholesale marketing margin. A relative price spread (RPS) model is used to estimate beef farm-to-wholesale marketing margins. Estimates indicate...

Live cattle futures markets do not offer much opportunity for effective hedging of wholesale beef cuts. If a Choice-to-Select price spread futures contract were introduced this would enhance hedging effectiveness although likely not enough to encourage cross hedging. If a Choice boxed beef...

Feeder cattle prices are determined by the interaction of many factors. This study uses 1986 and 1987 Kansas feeder cattle auction data to investigate the impact of a wide variety of physical characteristics, many of which have not been used in previous studies on feeder cattle prices. Unlike...

Beef carcasses, carcass premiums, carcass discounts, and grain prices are simulated. Random carcasses are priced according to random sets of market conditions defining a distribution of total and net revenues. Sensitivity analysis is performed to determine the total effect on revenue and net...