| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
FACTORS AFFECTING LIVE CATTLE BASIS
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| Autores: |
Parcell, Joseph L.
Schroeder, Ted C.
Dhuyvetter, Kevin C.
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| Data: |
2003-01-23
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| Ano: |
2000
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| Palavras-chave: |
Basis
Fed cattle
Cattle prices
Livestock Production/Industries
Marketing
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| Resumo: |
Cattle producers and beef packers need to understand basis determinants as they develop price expectations and make pricing, hedging, and forward contracting decisions. This study empirically estimated factors explaining variability in monthly fed cattle basis. The five main results regarding live cattle basis are 1) corn price is an important determinant, 2) a change in the value of the Choice-to-Select spread positively affects basis, 3) changes in the levels of captive supplies have no significant statistical or economic impact on basis 4) the June 1995 live cattle futures contract did not impact basis, and 5) both market fundamentals and seasonal components are important basis determinants.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
6850
http://purl.umn.edu/15319
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| Editor: |
AgEcon Search
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| Relação: |
Journal of Agricultural and Applied Economics>Volume 32, Number 03, December 2000
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| Formato: |
11
application/pdf
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