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Churning Out the Links: Vertical Integration in the U.S. Pork and Beef Industries
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Abstract Currently Unavailable.
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The US pork and beef sectors are rapidly moving from traditional cash markets to formal vertical linkages. In 1999, 27% of Hogs and 65% of cattle were traded in the cash market and packers owned 18% of hogs and 5% of cattle; the rest were procured via marketing contracts. Contrary to popular...
Persistent link: https://www.econbiz.de/10005442160
Livestock futures markets are a marketing tool available to participants in livestock and meat production, processing, and merchandising. There has been controversy, however, regarding the usefulness of the live cattle futures market for producers. Questions have arisen about the impact of...
Persistent link: https://www.econbiz.de/10005154688