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Grid pricing is an increasingly popular method of pricing fed cattle. However, there are several issues related to grid pricing. This paper discusses those issues and alternatives both for base prices in grids and the premium-discount grids themselves. Included is information on the status of...
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Data on weekly summaries of slaughter lamb sales in 1996 were analyzed to determine price differences for factors affecting lamb prices. Models were compared with a 1991 study and across regions. Demand and supply variables were found important as well as marketing methods, sale lot sizes,...
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Producers, researchers, and policy makers have an interest in market effects from meatpacking plant closings and openings. This paper presents results from a study taking a dual approach to determining impacts from an anticipated hog slaughtering plant opening and an unexpected fed cattle...
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Carcass discounts are an important component of grid pricing of fed cattle. Yet, little effort has been made to model the behavior of the primary carcass discounts that vary over time. This paper presents alternative models of the Choice-Select and yield grade 3-4/5 discounts. Besides noting the...
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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...
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Objectives were twofold: Determine key factors influencing preconditioning cost and returns; and determine the premium for age and source verified, preconditioned calves sold at a public livestock market. Data provided by the Samuel Roberts Noble Foundation show preconditioning returns depend...
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