Showing 1 - 10 of 16
Information on prices and price risk differences across marketing arrangements aids fed cattle producers in making choices about marketing methods. As part of the congressionally mandated Livestock and Meat Marketing Study, we investigated fed cattle price and price risk differences across...
Persistent link: https://www.econbiz.de/10005525460
Extension marketing economists commit substantial resources to outlook and market analysis. Producers demand this information and use it to make production and marketing decisions. This study analyzes responses to a marketing survey of producers and extension marketing economists to discern...
Persistent link: https://www.econbiz.de/10005525454
Three procedures are used to test Fama semistrong from efficiency of harvesttime price of Kansas City July wheat futures from 1947 through 1995. The three methods are (a) testing for jointly significant parameter estimates on nonfutures explanatory variables in econometric forecasting models,...
Persistent link: https://www.econbiz.de/10005525461
Bulls are an important investment for commercial beef cattle producers since, over time, bulls introduce most of the new genetic attributes into typical beef cow herds. Therefore, heritable bull traits determine bull prices. Bulls possess a large number of traits to consider in pricing. In...
Persistent link: https://www.econbiz.de/10005484305
Cow-calf prices are determined by interaction of many factors. At a particular auction, cow-calf pair prices often had a range of 75% of the mean price. This variability suggests that producers need to be informed regarding cow-calf price determinants. This study uses auction data during 1993 to...
Persistent link: https://www.econbiz.de/10005330377
Geographic fed cattle markets are important because cattle are bulky and perishable, and production and consumption areas are separated. These characteristics make cattle transportation costly and can contribute to segmented markets. This study uses USDA-AMS reported fed cattle market price data...
Persistent link: https://www.econbiz.de/10005330379
This study estimates wholesale demand for pork, chicken, and quality differentiated beef. We estimate meat retailer own- and cross-price demand elasticities for USDA Choice and Select boxed beef. Results indicate that meat retailers have more elastic demand for lower quality graded beef. Retail...
Persistent link: https://www.econbiz.de/10005330397
Cattle feeders appear irrational when they place cattle on feed when projected profit is negative. Long futures positions appear to offer superior returns to cattle feeding investment. Cattle feeder behavior suggests that they believe a downward bias in live cattle futures persists and that...
Persistent link: https://www.econbiz.de/10005064471
The forecasting accuracy of five competing naïve and futures-based localized cash price forecasts is determined. The third-week's price each month from 1987-96 is forecasted from several vantage points. Commodities examine include those relevant to Midwest producers: the major grains, slaughter...
Persistent link: https://www.econbiz.de/10005064502
Price differences among fed cattle prices in Canada and the United States (referred to here as fed cattle basis) are important for Canadian cattle feeders, but changing government regulations in Canada and the United States have made basis more variable. This article uses transaction data from...
Persistent link: https://www.econbiz.de/10009368197