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Grid Marketing and Beef Carcass Quality: A Discussion of Issues and Trends AgEcon
Fausti, Scott W.; Qasmi, Bashir A.; Diersen, Matthew A..
Beef industry data suggest that improvements in carcass yield and quality grades have stagnated recently. Empirical analysis, based on USDA market reports, indicates that the share of steer slaughter volume marketed on a grid is less than industry estimates and the growth in market share has stagnated. Trend analysis of market share suggests that grid pricing has become an important marketing channel, but has not become the dominant marketing channel. The lack of industry progress toward achieving the carcass quality goals suggests that grid pricing has not captured the level of market share needed to realize the goals envisioned for it as a value based marketing system
Tipo: Report Palavras-chave: Grid pricing; National beef quality audit; Public livestock price reporting; Beef carcass quality; Demand and Price Analysis; Livestock Production/Industries; Marketing; Q13.
Ano: 2008 URL: http://purl.umn.edu/37149
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Carcass Quality Volume and Grid Pricing: An Investigation of Cause and Effect AgEcon
Fausti, Scott W.; Qasmi, Bashir A.; Li, Jing.
The relationship between publically reported weekly grid premiums and discounts for specific carcass characteristics and the percentage of those characteristics reflected in total weekly slaughter volume (i.e., proportional slaughter volume) is investigated. Granger Causality and multi-lag VAR models were used to investigate if grid premiums and discounts were efficiently transmitting market signals to producers with respect to carcass quality attributes. The empirical evidence indicates that there is little evidence to suggest that grid prices are providing efficient price signals to buyers and sellers with respect to market valuation of desirable and undesirable beef carcass characteristics.
Tipo: Conference Paper or Presentation Palavras-chave: Grid pricing; Granger Causality; Slaughter cattle; Beef carcass quality; Demand and Price Analysis; Livestock Production/Industries; Marketing; Q11; Q13.
Ano: 2008 URL: http://purl.umn.edu/46215
Registros recuperados: 2
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