Data/hora: 04/06/2024 01:10:29

Provedor de dados: | 31
País: | United States
Título: | Impact of Mandatory Price Reporting on Fed Cattle Market Integration
Autores: | Pendell,   Dustin L.; Schroeder,   Ted C.
Data: | 2007-09-17
Ano: | 2006
Palavras-chave: | Cattle markets; Cointegration; Mandatory price reporting; Market integration; Regime shift; Livestock Production/Industries; Marketing.
Resumo: | 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 from five U.S. regional fed cattle markets to investigate the effects of mandatory price reporting on spatial market integration. Results indicate these markets have been, and remain, highly cointegrated after implementation of mandatory price reporting (MPR). Following introduction of mandatory price reporting, the five regional fed cattle markets have become more fully integrated (i.e., prices tend to move more closely one-for-one following introduction of MPR).
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

28024

http://purl.umn.edu/8622

Editor: | AgEcon Search
Relação: | Journal of Agricultural and Resource Economics&gt;Volume 31, Number 03, December 2006

Formato:

12

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