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Grid pricing of fed cattle has gained popularity as one way to try to improve vertical coordination of the beef marketing system. Grid pricing eliminates much of the subsidization by producers with high quality cattle to those with low quality cattle when fed cattle are sold on an average live...
Persistent link: https://www.econbiz.de/10014150691
This study determines the relative impacts of price, cattle quality, and feeding performance factors on profit per head for fed cattle marketed via a grid structure. Two different data sets of cattle that were marketed in two different grid pricing systems are used in the analysis with...
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Beef food safety events have contributed to considerable market volatility, produced varied consumer reactions, created policy debates, sparked heated trade disputes, and generally contributed to beef industry frustrations. Better understanding of the forces causing observed consumer reactions...
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Cattle on Feed (COF) reports are an important source of beef supply information. This study investigates whether COF report revisions are unbiased, random, and anticipated. Initial COF reports are biased, but the bias is economically small. Revisions to COF estimates are not random. Market...
Persistent link: https://www.econbiz.de/10005803675
Geographic markets are extremely important to agriculture because agricultural products are bulky and/or perishable and production and consumption areas are separated. This study investigates how mandatory price reporting has influenced the degree of spatial market integration between U.S....
Persistent link: https://www.econbiz.de/10005060766
Marketing fed cattle using grid pricing has become a popluar way to sell cattle. One of the most important beef characteristics, according to consumers, is beef tenderness. USDA quality grades are poor predictors of meat tenderness. However, mechanical shear force does objectively measure...
Persistent link: https://www.econbiz.de/10005493663