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Uncertainty and Producer Fed Cattle Marketing Decisions: Theory and Evidence AgEcon
Fausti, Scott W.; Lange, Brent.
This article has been submitted to the CJAE.
Tipo: Report Palavras-chave: Quality uncertainty; Risk; Market structure; Slaughter cattle markets; Demand and Price Analysis; Livestock Production/Industries; Risk and Uncertainty; D40; D81; Q10.
Ano: 2011 URL: http://purl.umn.edu/102692
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The Affect of Animal Gender on Fed Cattle Producer Marketing Behavior AgEcon
Fausti, Scott W.; Qasmi, Bashir A.; Diersen, Matthew A.; Li, Jing; Lange, Brent.
Weekly grid market share by volume for slaughter steers is compared to slaughter heifers. Summary statistics indicate average grid market share for steers (42%) is 27% higher than slaughter heifers (33%). The literature indicates that pregnancy and increased dark cutter incidence associated with heifers relative to steers creates additional financial risk when heifers are sold on a grid. Econometric analysis suggests grid market share is less sensitive to change in market conditions for heifers relative to steers. The empirical evidence is consistent with the supposition that marketing heifers is riskier than marketing steers on a grid. Thus sellers need stronger economic incentives to market heifers on a grid relative to steers.
Tipo: Conference Paper or Presentation Palavras-chave: Grid pricing; Fed cattle; Animal gender; Risk; Livestock Production/Industries; Q00.
Ano: 2011 URL: http://purl.umn.edu/98541
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