Monitoring short-term monthly farm to retail meat price margins requires knowing how rapidly price changes at the farm level are reflected at the wholesale and retail levels. Studies that have addressed this issue on a short-term basis have had varied conclusions. This study uses time series...

Mandatory livestock price reporting was designed to increase available price information with the intent of facilitating price discovery. Has the program been effective? This study determines how cattle feeders, a primary target of the program, feel about mandatory price reporting (MPR)...

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...

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Contracting has increased significantly in the U.S. livestock-meat sector. Over half of finished hogs and about a third of fed cattle are marketed under some form of contract. Contracting motives vary by type of contract, whether buyer or seller, and by commodity. Several motives for buyers and...

Abstract Currently Unavailable.

Contracting in the U.S. Pork and Beef Industries: Extent, Motives, and Issues

Choice experiments (CEs) are often used to elicit consumer willingness-to-pay (WTP) for food attributes. A concern about these approaches is that food attributes provided to respondents are assumed independent of attributes not provided. We use surveys containing a series of CEs to investigate...

Experimental methods were used to examine consumer willingness-to-pay for steak tenderness in a grocery store setting. When relying on a taste test alone to determine product quality, the participants paid an average premium of $1.23/lb for a tender versus tough steak. Fifty-one percent of the...