Sabiia Seb
PortuguêsEspañolEnglish
Embrapa
        Busca avançada

Botão Atualizar


Botão Atualizar

Ordenar por: 

RelevânciaAutorTítuloAnoImprime registros no formato resumido
Registros recuperados: 17
Primeira ... 1 ... Última
Imagem não selecionada

Imprime registro no formato completo
Price Discovery and Pricing Choice Under Divergent Supply Scenarios in an Experimental Market for Fed Cattle AgEcon
Ward, Clement E..
Previous research has not addressed the impacts of alternative supply conditions on price discovery and pricing choice. This study estimated models with data from an experimental market, the Fed Cattle Market Simulator, encompassing live weight, dressed weight, and grid pricing under two alternative supply scenarios. Significance of variables explaining transaction price variation and pricing choice differed between the two supply periods. Overall results were close to expectations. Higher quality cattle marketed with a grid brought higher prices in both supply periods. Having lower quality cattle in either supply period increased the probability of cattle being marketed (purchased) on a live weight basis.
Tipo: Journal Article Palavras-chave: Experimental market; Fed cattle; Market simulator; Price discovery; Pricing choice; Pricing methods; Demand and Price Analysis.
Ano: 2005 URL: http://purl.umn.edu/30974
Imagem não selecionada

Imprime registro no formato completo
USEFULNESS OF PLACEMENT-WEIGHT DATA IN FORECASTING FED CATTLE MARKETINGS AND PRICES AgEcon
Norwood, F. Bailey; Schroeder, Ted C..
In 1996, the USDA began reporting cattle-on-feed placements in various weight groups, which should provide information regarding expected slaughter timings and improve fed cattle price forecasts and marketing strategies. Private data were collected to obtain the necessary degrees of freedom to test statistical relationships between placement weight distributions, beef supply, and fed cattle prices. Use of placement weights improved beef supply forecasts only at a one-month horizon; it contributed nothing to price forecast accuracy or returns from selectively hedging.
Tipo: Journal Article Palavras-chave: Fed cattle; Forecasting; Marketing; Prices; Placements; Livestock Production/Industries; Marketing.
Ano: 2000 URL: http://purl.umn.edu/15397
Imagem não selecionada

Imprime registro no formato completo
Quality Risk and Profitability in Cattle Production: A Multivariate Approach AgEcon
Belasco, Eric J.; Schroeder, Ted C.; Goodwin, Barry K..
This study evaluates quality, production, and price risk within the context of overall profit variability in fed cattle production. The approach used offers a flexible way to estimate a large system of equations with more than three jointly related censored outcomes. Trade-offs between quality and yield grade levels and production measures, such as average daily gain and feeding efficiency, are evaluated. Simulation procedures are used to assess the impact of quality risk on overall profit variability. Results make an important contribution to existing research by explaining why price signals through grid quality grade premiums may not generate intended producer responses.
Tipo: Journal Article Palavras-chave: Censoring; Copula; Fed cattle; Grid pricing; Multivariate; Quality risk; Livestock Production/Industries.
Ano: 2010 URL: http://purl.umn.edu/97854
Imagem não selecionada

Imprime registro no formato completo
Differences in Prices and Price Risk Across Alternative Marketing Arrangements Used in the Fed Cattle Industry AgEcon
Muth, Mary K.; Liu, Yanyan; Koontz, Stephen R.; Lawrence, John D..
Information on prices and price risk differences across marketing arrangements aids fed cattle producers in making choices about marketing methods. As part of the congressionally mandated Livestock and Meat Marketing Study, we investigated fed cattle price and price risk differences across marketing arrangements. The analysis uses data representing cattle purchased by 29 large beef packing plants from October 2002 through March 2005. Results indicate that marketing agreements offered the best tradeoff between price level and price risk. Forward contracts had the lowest average yet highly volatile prices. Auction barn prices were higher than other methods but also the most volatile.
Tipo: Journal Article Palavras-chave: Alternative marketing arrangements; Fed cattle; Hedonic; Price risk; Price volatility; Prices; Livestock Production/Industries; Marketing; Risk and Uncertainty.
Ano: 2008 URL: http://purl.umn.edu/36711
Imagem não selecionada

Imprime registro no formato completo
Mandatory Livestock Price Reporting, Market Transparency and Grid Price Dispersion AgEcon
Fausti, Scott W.; Qasmi, Bashir A.; Li, Jing; Diersen, Matthew A..
Mandatory livestock price reporting (MPR) was implemented in April 2001. Empirical evidence indicates a significant change in the weekly variability of publicly reported fed cattle grid premiums and discounts occurred after MPR implementation. We evaluated the effect of increased market transparency resulting from implementation of MPR on grid premium and discount dispersion lelvels. Empirical results suggest that increased trransparency is compatible with either an increase or a decrease in dispersion. These results suggest that during the pre-MPR periods, the weekly premium and discount point estimators were derived from a non-representative sample.
Tipo: Conference Paper or Presentation Palavras-chave: Fed cattle; Grid pricing; Market transparency; Price dispersion; Demand and Price Analysis; Livestock Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/37833
Imagem não selecionada

Imprime registro no formato completo
ESTIMATED IMPACT OF NON-PRICE COORDINATION OF FED CATTLE PURCHASES ON MEAT PACKER PROCESSING COSTS AgEcon
Anderson, John D.; Trapp, James N..
Stochastic simulation of daily slaughter level was used in conjunction with estimated packing plant cost curves to assess potential reductions in processing costs due to improved vertical coordination between feedlots and packing plants. Results indicate that processing cost reductions of $1 to $5 per head are possible.
Tipo: Conference Paper or Presentation Palavras-chave: Fed cattle; Processing cost; Stochastic simulation; Vertical coordination; Agribusiness; Livestock Production/Industries.
Ano: 1999 URL: http://purl.umn.edu/21703
Imagem não selecionada

Imprime registro no formato completo
FED CATTLE PRICE DISCOVERY: DIRECTED ACYCLIC GRAPH AND TIME SERIES MODELING AgEcon
Lee, Andrew C.; Kim, Man-Keun.
Locating fed cattle price discovery center is revisited using the framework that combines recent progress in causal research with time series analysis. The Bernanke factorization in innovation accounting is obtained by a graphical method called directed acyclic graph which uses data to identify the contemporaneous causal structure among the innovations. This may represent an improvement over the conventional methods which use human judgment and/or theory to supply such information. Results indicate that Kansas market is a dominant price leader where new information is discovered. Contrary to the previous studies, Nebraska market does not appear to be a price discovery location.
Tipo: Conference Paper or Presentation Palavras-chave: Fed cattle; Price discovery; Directed acyclic graph; Causality; Demand and Price Analysis.
Ano: 2007 URL: http://purl.umn.edu/9989
Imagem não selecionada

Imprime registro no formato completo
Price Effects from an Anticipated Meatpacking Plant Opening and Unexpected Plant Closing AgEcon
Ward, Clement E.; Hornung, Jonathan T..
Livestock producers primarily, but policy makers also, have an interest in market effects from meatpacking plant closings and openings. This article presents results from a study to determine price impacts from an anticipated hog slaughtering plant opening and an unexpected fed cattle slaughtering plant closing. The estimated price effects for each plant event were modeled with price difference and partial adjustment models. The plant opening resulted in higher absolute and relative hog prices in the Provincial market where the plant was located. However, adverse price impacts from the fed cattle plant closing were less evident.
Tipo: Journal Article Palavras-chave: Buyer competition; Fed cattle; Hogs; Livestock prices; Market dynamics; Meatpacking; Demand and Price Analysis.
Ano: 2005 URL: http://purl.umn.edu/30983
Imagem não selecionada

Imprime registro no formato completo
Feedlot and Packer Pricing Behavior: Implications for Competition Research AgEcon
Ward, Clement E..
Seldom are observed losing bids available in industry data. A special workshop of the Fed Cattle Market Simulator was designed to capture bids for each pen of cattle traded. Data enabled identifying buyer and seller behavior in the price discovery process, both before and after imposed mergers of the two largest and two smallest packer teams. Highest losing bids also were estimated with packer bid functions and compared with observed highest losing bids. An estimated price discovery model indicated market structure as measured by number of buyers was more important than simply the number of bids or size of transactions.
Tipo: Conference Paper or Presentation Palavras-chave: Buyer behavior; Competition; Fed cattle; Marketing; Pricing; Seller behavior; Livestock Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/7365
Imagem não selecionada

Imprime registro no formato completo
The Effect of the Livestock Mandatory Reporting Act on Market Transparency and Grid Price Dispersion AgEcon
Fausti, Scott W.; Qasmi, Bashir A.; Li, Jing; Diersen, Matthew A..
The Livestock Mandatory Reporting Act (MPR) of 1999 was implemented in April 2001. Empirical evidence indicates a significant change in intra-week price dispersion associated with publicly reported fed cattle grid premiums and discounts occurring after MPR implementation. The research objective is to evaluate the effect of increased market transparency resulting from implementation of MPR, on grid intra-week premium and discount dispersion levels. Empirical results suggest that increased transparency is compatible with intra-week dispersion levels increasing. Increased dispersion suggests that during the pre-MPR period weekly premium and discount data may have been drawn from a non-representative sample. From the empirical evidence, it is concluded...
Tipo: Journal Article Palavras-chave: Fed cattle; Grid pricing; Market transparency; Price dispersion; Price volatility; Mandatory livestock price reporting; Agricultural and Food Policy; Demand and Price Analysis; Livestock Production/Industries.
Ano: 2010 URL: http://purl.umn.edu/95609
Imagem não selecionada

Imprime registro no formato completo
Alternative Theories and Empirical Approaches to Price Discovery: An Application to Fed Cattle AgEcon
Carlberg, Jared G.; Ward, Clement E..
Price discovery is a frequent topic of research, but many times is not clearly defined and thus purported to cover a myriad of topics. This article provides two alternative theories as the basis for one line of price discovery research. Empirical models consistent with the two theories are estimated using a common data set. Empirical results differ as expected. This article evidences why the theoretical basis for an empirical model depends on clearly defining the objective(s) of the research.
Tipo: Journal Article Palavras-chave: Derived demand; Fed cattle; Partial adjustment model; Price discovery; Q13; Q11; Q12; C51; C22.
Ano: 2003 URL: http://purl.umn.edu/43201
Imagem não selecionada

Imprime registro no formato completo
MARKET DYNAMICS ASSOCIATED WITH A BEEFPACKING PLANT CLOSING AND A PORKPACKING PLANT OPENING AgEcon
Hornung, Jonathan T.; Ward, Clement E..
Previous research has estimated price effects of meat packing plant closings and openings. However, none have been done for plants opening or closing during the last 20 years ago when concentration in meatpacking increased rapidly. Plant openings and closings affect industry slaughtering capacity. Many analysts contribute the lack of processing capacity to handle the large supply of hogs in 1998 a major factor why spot market hog prices plummeted to unprecedented lows. Just eight months after the capacity constraint in slaughter hogs, Maple Leaf Foods opened a hog processing plant in Brandon, Manitoba. A second but opposite event occurred in the beef industry in an area of concentrated cattle feeding and meatpacking. On Christmas day, 2000, the ConAgra fed...
Tipo: Conference Paper or Presentation Palavras-chave: Meatpacking; Fed cattle; Slaughter hogs; Marketing; Prices; Agribusiness.
Ano: 2003 URL: http://purl.umn.edu/18981
Imagem não selecionada

Imprime registro no formato completo
The Transformation of U.S. Livestock Agriculture: Scale, Efficiency, and Risks AgEcon
MacDonald, James M.; McBride, William D..
U.S. livestock production has shifted to much larger and more specialized farms, and the various stages of input provision, farm production, and processing are now much more tightly coordinated through formal contracts and shared ownership of assets. Important financial advantages have driven these structural changes, which in turn have boosted productivity growth in the livestock sector. But structural changes can also generate environmental and health risks for society, as industrialization concentrates animals and animal wastes in localized areas. This report relies on farm-level data to detail the nature, causes, and effects of structural changes in livestock production.
Tipo: Report Palavras-chave: Livestock; Dairy; Broilers; Hogs; Fed cattle; Farm structure; Scale economies; Contract agriculture; CAFOs; Growth-promoting antibiotics; Farm Management; Livestock Production/Industries.
Ano: 2009 URL: http://purl.umn.edu/58311
Imagem não selecionada

Imprime registro no formato completo
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
Imagem não selecionada

Imprime registro no formato completo
FACTORS AFFECTING LIVE CATTLE BASIS AgEcon
Parcell, Joseph L.; Schroeder, Ted C.; Dhuyvetter, Kevin C..
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.
Tipo: Journal Article Palavras-chave: Basis; Fed cattle; Cattle prices; Livestock Production/Industries; Marketing.
Ano: 2000 URL: http://purl.umn.edu/15319
Imagem não selecionada

Imprime registro no formato completo
Differences in Prices and Price Risk across Alternative Marketing Arrangements Used in the Fed Cattle Industry AgEcon
Muth, Mary K.; Liu, Yanyan; Koontz, Stephen R.; Lawrence, John D..
Information on typical differences in prices and price risk (as measured by the variances of prices) across marketing arrangements aids fed cattle producers in making choices about methods to use for selling fed cattle to beef packers. This information is also useful for policy discussions on merits and drawbacks of alternative marketing arrangements. As part of the congressionally mandated Livestock and Meat Marketing Study, we investigated differences in prices and price risk for fed cattle cash market and alternative marketing arrangements. The modeling approach, which is similar to a hedonic model, controls for differences in cattle quality and delivery month and accounts for the within- and across-week correlation in prices. The analysis uses a recent...
Tipo: Conference Paper or Presentation Palavras-chave: Alternative marketing arrangements; Fed cattle; Prices; Price volatility; Price risk; Hedonic.
Ano: 2007 URL: http://purl.umn.edu/37578
Imagem não selecionada

Imprime registro no formato completo
Pricing Fed Cattle on a Grid: An Analysis of the Incentive Mechanism over Time AgEcon
Fausti, Scott W.; Wang, Gerald; Diersen, Matthew A.; Qasmi, Bashir A..
Empirical results suggest that the grid premium and discount structure is slowly adjusting carcass quality incentive/disincentive market signals to encourage marketing on a grid and discourage marketing by the pen. If this trend continues, grid market share of steer and heifer slaughter volume should increase in the future.
Tipo: Presentation Palavras-chave: Fed cattle; Grid; Marketing; Market share; Livestock production; Livestock Production/Industries; Marketing; Research Methods/ Statistical Methods; Q13.
Ano: 2012 URL: http://purl.umn.edu/119670
Registros recuperados: 17
Primeira ... 1 ... Última
 

Empresa Brasileira de Pesquisa Agropecuária - Embrapa
Todos os direitos reservados, conforme Lei n° 9.610
Política de Privacidade
Área restrita

Embrapa
Parque Estação Biológica - PqEB s/n°
Brasília, DF - Brasil - CEP 70770-901
Fone: (61) 3448-4433 - Fax: (61) 3448-4890 / 3448-4891 SAC: https://www.embrapa.br/fale-conosco

Valid HTML 4.01 Transitional