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Provedor de dados:  AgEcon
País:  United States
Título:  EFFECTS OF MEAT RECALLS ON FUTURES MARKET PRICES
Autores:  Lusk, Jayson L.
Schroeder, Ted C.
Data:  2000-05-22
Ano:  2000
Palavras-chave:  Meat recalls
Event study
Meat demand
Livestock Production/Industries
Marketing
Resumo:  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 of time and only in certain cases does it noticeably affect daily futures prices.
Tipo:  Conference Paper or Presentation
Idioma:  Inglês
Identificador:  2045

http://purl.umn.edu/18925
Editor:  AgEcon Search
Relação:  NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management>2000 Conference, Chicago, IL, April 17-18 2000
2000 Conference, Chicago, IL, April 17-18 2000
Formato:  19

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