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THE IMPACTS OF QUALITY ON CASH FED CATTLE PRICES AgEcon
Jones, Rodney D.; Schroeder, Ted C.; Mintert, James R.; Brazle, Frank.
Quality factors affecting fed cattle prices were examined during a six-month period in southwestern Kansas. Transaction prices were significantly affected by the percentage of cattle expected to grade choice times the choice-to-select carcass price spread, finish uniformity, average weight, dressing percentage, breed, number of cattle purchased by a single packer on a given day, the packer, the feedyard, the day-of-the-week the cattle were sold, and the number of bids received. Asking prices were significantly affected by many of the same factors. Asking and transaction prices reflected approximately 25 percent of the packer value differentials for expected carcass quality grades.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1992 URL: http://purl.umn.edu/29636
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FACTORS AFFECTING FEEDER CATTLE PRICE DIFFERENTIALS AgEcon
Schroeder, Ted C.; Mintert, James R.; Brazle, Frank; Grunewald, Orlen C..
Feeder cattle prices are determined by the interaction of many factors. This study uses 1986 and 1987 Kansas feeder cattle auction data to investigate the impact of a wide variety of physical characteristics, many of which have not been used in previous studies on feeder cattle prices. Unlike previous studies, this analysis explicitly incorporates changes in feeder cattle market fundamentals during the data collection period and also allows price differentials to vary by sex and weight. Weight, weight-squared, lot size, lot size-squared, health, muscling, frame size, condition, fill, breed, presence of horns, and time of sale are significant factors affecting feeder cattle prices on any given day. Several physical traits also exhibit different seasonal...
Tipo: Journal Article Palavras-chave: Demand and Price Analysis; Livestock Production/Industries.
Ano: 1988 URL: http://purl.umn.edu/32161
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ANALYSIS OF FACTORS AFFECTING COW AUCTION PRICE DIFFERENTIALS AgEcon
Mintert, James R.; Blair, Joanne; Schroeder, Ted C.; Brazle, Frank.
Data from Kansas cattle auctions were analyzed to estimate the impact a wide variety of physical characteristics had upon cow prices. Weight, lot size, health, pregnancy, grade, dressing percent, breed, time of sale, and market location were important factors affecting the differences in cow prices across lots on a given day. Results suggest that producers interested in maximizing the price they receive for their cows should market healthy cows in desirable lot sizes at higher dressing percentages.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1990 URL: http://purl.umn.edu/30011
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