Hunnicutt, Lynn; Bailey, DeeVon; Crook, Michelle - In: Journal of Agricultural and Applied Economics 36 (2004) 03
Concentration in beef packing has risen dramatically in the past 25 years. We develop measures used to describe feedlot-packer relations: (1) a statistic based on the proportion of its sales a feedlot makes to a given packer, and (2) a measure of the switching behavior of feedlots. The measures...