Buyer competition in the price discovery process for slaughter lambs at an Oklahoma teleauction was studied. Number of buyers positively influenced both absolute and relative sale prices but did not significantly affect buyer gross margins. Buyer market shares also affected prices paid and buyer...

Industrial organization theory hypothesizes that larger beefpackers can depress prices paid for cattle. Prices paid between at least two beefpackers in some localized markets studies were found to be significantly different for the one-month study period. However, larger beefpackers in each...