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Previous research has estimated price effects of meat packing plant closings and openings. However, none have been done for plants opening or closing during the last 20 years ago when concentration in meatpacking increased rapidly. Plant openings and closings affect industry slaughtering...
Persistent link: https://www.econbiz.de/10005503836
Economic theory suggests that adding a competitive buyer to a market should have positive effects on competition and prices, ceteris paribus. An additional buyer increases market demand, shifting demand to the right, and expands the number of active buyers, reducing average market shares of...
Persistent link: https://www.econbiz.de/10005510708
Livestock producers primarily, but policy makers also, have an interest in market effects from meatpacking plant closings and openings. This article presents results from a study to determine price impacts from an anticipated hog slaughtering plant opening and an unexpected fed cattle...
Persistent link: https://www.econbiz.de/10005484222
Producers, researchers, and policy makers have an interest in market effects from meatpacking plant closings and openings. This paper presents results from a study taking a dual approach to determining impacts from an anticipated hog slaughtering plant opening and an unexpected fed cattle...
Persistent link: https://www.econbiz.de/10005806083
Captive supplies have been a contentious issue in the livestock industry for fifteen years and the subject of both theoretical and empirical research. In 2001, mandatory price reporting was implemented. One objective by its proponents was to increase the amount of information available on...
Persistent link: https://www.econbiz.de/10005320347
Concerns about potential impacts of captive supply on fed cattle prices have been present for several years inboth Canada and the US. In Canada, the magnitude of concern escalated during closure of the US border to fedcattle trade (May 2003 to July 2005) and has remained at an elevated level....
Persistent link: https://www.econbiz.de/10009464092
Seldom are observed losing bids available in industry data. A special workshop of the Fed Cattle Market Simulator was designed to capture bids for each pen of cattle traded. Data enabled identifying buyer and seller behavior in the price discovery process, both before and after imposed mergers...
Persistent link: https://www.econbiz.de/10005500244
As cattle markets have transitioned from predominantly cash market sealed-bid or negotiated price discovery to more formula pricing, marketing agreements, forward contracts, and packer-owned cattle feeding, concerns about methods of price discovery for fed cattle have escalated. High levels of...
Persistent link: https://www.econbiz.de/10005510715
This research examines the economic effects of bovine respiratory disease (BRD) on backgrounding and finishing phases of cattle production. This research measures the effectiveness of using serum haptoglobin (Hp) concentration to predict BRD occurrence and the impact of multiple treatments for...
Persistent link: https://www.econbiz.de/10005511115
Persistent link: https://www.econbiz.de/10005513327