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| Registros recuperados: 79 | |
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| McDonald, R. Allen; Schroeder, Ted C.. |
| This study determines the relative impacts of price, cattle quality, and feeding performance factors on profit per head for fed cattle marketed via a grid structure. Two different data sets of cattle that were marketed in two different grid pricing systems are used in the analysis with comparisons of results made between grids. Grid base price and feeder cattle price are the most important determinants of profit over time in both grids. However, only considering non-price variables, the cumulative quality of cattle in a pen is the most important profit determinant followed by average daily gain in one grid and feed efficiency in the other. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Livestock Production/Industries. |
| Ano: 2000 |
URL: http://purl.umn.edu/36514 |
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| Kastens, Terry L.; Schroeder, Ted C.. |
| Cattle feeders appear irrational when they place cattle on feed when projected profits are 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 cattle feeders use different information than the live cattle futures market price when making placement decisions. This paper examines feeder cattle placement determinants and compares performance of expected hedgeable profits with past actual profits in explaining feeder cattle' placements. Past actual profits are found to be more important placement determinants than expected profits based upon the live cattle futures market, even though hedgeable profits provide... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Livestock Production/Industries. |
| Ano: 1993 |
URL: http://purl.umn.edu/118159 |
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| Parcell, Joseph L.; Schroeder, Ted C.; Hiner, Frina D.. |
| 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 estimate price differentials associated with cow-calf pair characteristics using a hedonic model. Cow breed, age, health, conditions, horns, frame, and whether the cow had been bred back were significant price determinants. Calf weight, health, and frame had significant price impacts. Highest prices were paid for pens containing 9-12 pairs of young Angus, dehorned, bred back, healthy cows with heavy healthy calves. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
| Ano: 1995 |
URL: http://purl.umn.edu/30762 |
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| Schumacher, Tucker; Schroeder, Ted C.; Tonsor, Glynn T.. |
| Cattle feeders want feeder cattle that have been weaned and preconditioned with a certified health program. Preconditioned calves perform more efficiently in the feedlot with lower morbidity and mortality. Health program claims, however, range from no claim to being USDA-certified. The value of health protocol certification may vary with certifying entity. Results from a choice experiment and survey of cattle feeders indicate preconditioning programs that include weaning, vaccinating against respiratory and clostridial/blackleg, and treating for parasites are worth on average $7.28/cwt to feedlots. Furthermore, a health program certified by USDA carries an additional value of $2.37/cwt on average. |
| Tipo: Article |
Palavras-chave: Calf health programs; Calf preconditioning; Value of certification; Marketing; Q13; L15; D82. |
| Ano: 2012 |
URL: http://purl.umn.edu/123777 |
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| Pendell, Dustin L.; Leatherman, John C.; Schroeder, Ted C.; Alward, Gregory S.. |
| Contagious animal diseases like foot-and-mouth disease (FMD) are often referred to as economic diseases because of the magnitude of economic harm they can cause to producers and to local communities. This study demonstrates the local economic impact of a hypothetical FMD outbreak in southwest Kansas, an area with high density of cattle feeding. The expected (most probable) economic impact of the disease hinges heavily on where the incidence of the disease occurs. If the disease were to occur in a cow-calf herd in the region economic impact is expected to be relatively small compared to if it were introduced simultaneously in five large feedlots in southwest Kansas. Disease surveillance, management strategies, mitigation investment, and overall... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Livestock Production/Industries. |
| Ano: 2007 |
URL: http://purl.umn.edu/10252 |
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| Schroeder, Ted C.; Parcell, Joseph L.; Kastens, Terry L.; Dhuyvetter, Kevin C.. |
| 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 similarities and differences in their perceptions regarding market timing, futures market efficiency, and risk management. Producer and extension perceptions are consistent with regard to several marketing issues, although they are not always consistent with published research results. Both producers and extension economists disagree that producers will receive a lower average price by forwarding contracting, and many do not believe hedging reduces risk and lowers... |
| Tipo: Journal Article |
Palavras-chave: Marketing; Teaching/Communication/Extension/Profession. |
| Ano: 1998 |
URL: http://purl.umn.edu/31181 |
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| Kastens, Terry L.; Schroeder, Ted C.. |
| 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 cattle feeders use different expectations than the live cattle futures market price when making placement decisions. This study examines feeder cattle placement determinants, comparing performance of expected hedgeable profit with past actual profit in explaining feeder cattle placements. Past actual profit is a more important placement determinant than expected profit based upon the live cattle futures market, even though hedgeable profit provides a superior forecast... |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
| Ano: 1994 |
URL: http://purl.umn.edu/30754 |
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| Tonsor, Glynn T.; Schroeder, Ted C.. |
| The European Union (EU) ban on the production and importation of meat derived from animals treated with growth-promoting hormones has spurred considerable debate. However, relatively little research has considered how EU consumers have been affected or how they feel about the ban. The purpose of this research is to determine beef product preferences of EU consumers and to elicit how much, if anything, these consumers are willing to pay for their preferred attributes. More specifically, this study uses a non-hypothetical choice experiment to evaluate how EU consumers value beef steaks from animals produced using growth hormones, fed genetically modified feeds, and from U.S. origin relative to their typical, domestically produced steaks. Results reveal... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Consumer/Household Economics; Food Consumption/Nutrition/Food Safety. |
| Ano: 2003 |
URL: http://purl.umn.edu/21974 |
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| Schroeder, Ted C.; Goodwin, Barry K.. |
| The lead-lag relationships present in the regional price discovery process are important indicators of market performance. Differences across markets in the speed of adjustment to evolving information may have implications for pricing efficiency within these markets. This study estimates intertemporal price relationships among 11 regional slaughter cattle markets. Larger volume markets, located in the major cattle feeding regions, were the dominant price discovery locations. Price adjustments across markets were complete in one to two weeks in the large volume markets located relatively close to each other and in two to three weeks in the more remote, smaller volume markets. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis; Livestock Production/Industries. |
| Ano: 1990 |
URL: http://purl.umn.edu/32506 |
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| Kovanda, Joseph T.; Schroeder, Ted C.; Wheeler, Tommy L.. |
| Grid pricing is one of the beef industry's answers to improving value coordination in fed cattle transactions. This paper constructs individual carcass-level grid and wholesale beef values. These values are used to evaluate the level of value communication that occurs between wholesale and grid values of beef. Furthermore, the values are used to estimate grid premiums/discounts that improve value communication. Results indicate that value coordination could be improved by modifying grid premiums/discounts. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing. |
| Ano: 2004 |
URL: http://purl.umn.edu/19023 |
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| McDonald, R. Allen; Schroeder, Ted C.. |
| This study determines the relative effects of price, cattle quality, and feeding performance factors on profit per head for fed cattle marketed via a grid structure. Two different data sets of cattle that were marketed in two different grid pricing systems are used in the analysis with comparisons of results made between grids. Grid base price and feeder cattle price are the most important determinants of profit over time in both grids. However, considering only nonprice variables, the cumulative quality of cattle in a pen is also an important profit determinant. |
| Tipo: Journal Article |
Palavras-chave: Cattle feeding profit; Grid pricing; Robust regression; L15; Q12; Q13. |
| Ano: 2003 |
URL: http://purl.umn.edu/37836 |
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| Lusk, Jayson L.; Marsh, Thomas L.; Schroeder, Ted C.; Fox, John A.. |
| 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 beef price has a strong positive relationship with Choice and Select boxed beef demand, and a strong negative relationship with wholesale pork and chicken demand. Seasonal analysis reveals demand for both beef quality grades becomes highly price inelastic during the summer months. The two beef quality grades are substitutes during the winter; however, Select beef is not a substitute for Choice beef in the spring and summer. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
| Ano: 2001 |
URL: http://purl.umn.edu/31163 |
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| Kastens, Terry L.; Schroeder, Ted C.. |
| 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, (b) testing the relative accuracy between model-based forecasts and using deferred futures prices as forecasts, and (c) testing for abnormal profits associated with simulated futures trading signaled by the forecasts. Kansas City July wheat futures are generally efficient. Furthermore, relative to the efficiency associated with forecasts constructed one to two months before harvest, the efficiency associated with the five- to six-month period before harvest has... |
| Tipo: Journal Article |
Palavras-chave: Marketing. |
| Ano: 1996 |
URL: http://purl.umn.edu/31035 |
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| Lusk, Jayson L.; Schroeder, Ted C.. |
| The number of meat recalls has increased markedly in recent years. Meat recalls have the potential to adversely affect short run demand for meat because of the associated decline in consumer confidence. This research examines the impact of beef and pork recalls on nearby daily live cattle and lean hog futures market prices, respectively. Results indicate that medium sized beef and large pork recalls that are a serious health concern have a marginally negative impact on short-term live cattle and lean hog futures prices, respectively. However, results are not robust across recall size and severity. This research suggests that if there is any systematic significant change in beef and pork demand due to meat recalls, it likely occurs over an extended period... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Meat recalls; Event study; Meat demand; Livestock Production/Industries; Marketing. |
| Ano: 2000 |
URL: http://purl.umn.edu/18925 |
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| Registros recuperados: 79 | |
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