Showing 1 - 9 of 9
The Livestock Mandatory Reporting Act (MPR) of 1999 was implemented in April 2001. Empirical evidence indicates a significant change in intra-week price dispersion associated with publicly reported fed cattle grid premiums and discounts occurring after MPR implementation. The research objective...
Persistent link: https://www.econbiz.de/10009444555
The ability of the former voluntary price reporting system to generate market transparency in U.S. livestock markets was called into question by producer groups and academic research prior to the new federal system of mandatory price reporting being implemented. The market transparency issue is...
Persistent link: https://www.econbiz.de/10009446550
The informational value of USDA's former voluntary price reporting system is investigated for dressed-weight slaughter steers sold by South Dakota producers. The ability of the former system to promote price transparency in the cash market is evaluated using state-level mandatory price reporting...
Persistent link: https://www.econbiz.de/10009446629
Our study investigates the fed cattle grid pricing system and its premium and discount incentive mechanism over time. We hypothesize that the influence of an animal's carcass quality attributes on a price grid's incentive mechanism can be revealed by evaluating the effect of carcass quality on...
Persistent link: https://www.econbiz.de/10010915011
The Livestock Mandatory Reporting Act (MPR) of 1999 was implemented in April 2001. Empirical evidence indicates a significant change in intra-week price dispersion associated with publicly reported fed cattle grid premiums and discounts occurring after MPR implementation. The research objective...
Persistent link: https://www.econbiz.de/10008693223
Interregional spatial linkages between South Dakota and Nebraska cash markets for slaughter cattle are investigated. Econometric procedures are used to test whether a thinning market effect or strategic price reporting behavior by packers has degraded market transparency under the voluntary...
Persistent link: https://www.econbiz.de/10005500216
The informational value of USDA's former voluntary price reporting system is investigated for dressed-weight slaughter steers sold by South Dakota producers. The ability of the former system to promote price transparency in the cash market is evaluated using state-level mandatory price reporting...
Persistent link: https://www.econbiz.de/10005525446
The relationship between publically reported weekly grid premiums and discounts for specific carcass characteristics and the percentage of those characteristics reflected in total weekly slaughter volume (i.e., proportional slaughter volume) is investigated. Granger Causality and multi-lag VAR...
Persistent link: https://www.econbiz.de/10005511113
Mandatory livestock price reporting (MPR) was implemented in April 2001. Empirical evidence indicates a significant change in the weekly variability of publicly reported fed cattle grid premiums and discounts occurred after MPR implementation. We evaluated the effect of increased market...
Persistent link: https://www.econbiz.de/10005477273