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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...
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Contracting in the U.S. Pork and Beef Industries: Extent, Motives, and Issues
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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...
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Churning Out the Links: Vertical Integration in the U.S. Pork and Beef Industries
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Lawrence, J, M. Hayenga, and J. Kliebenstein. "Iowa's Pork Industry Dollars & Scents: How Iowa Compares to Other States," Iowa Pork Today (December 1997):14.
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