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| Registros recuperados: 40 | |
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| Marsh, John M.. |
| U.S. live cattle and beef trade has increased substantially since the mid-1980s. Total beef imports (cattle and beef, dressed weight) increased from 2.51 billion pounds in 1985 to 3.89 billion pounds in 1998. Total beef exports (cattle and beef, dressed weight) increased from 0.42 billion pounds to 2.38 billion pounds over the same period. Consequently, net imports declined by 0.58 billion pounds. On a value basis, U.S. net beef exports (value of total beef exports less the value of total beef imports) has become considerably less negative, increasing by 88 percent from 1980 to 1998. The overall improvement in the U.S. beef trade was characterized, however, by different trade impacts with the major export customers and import suppliers. These countries are... |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade. |
| Ano: 1999 |
URL: http://purl.umn.edu/29165 |
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| Marsh, John M.; Brester, Gary W.. |
| An intertemporal reduced form model is estimated for boxed beef, carcass, and slaughter prices on a weekly basis. The results indicate that prices respond jointly to changes in economic information within weeks t and t 1, supporting time-series studies showing farm and wholesale prices to be nearly instantaneously related. However, the existence of market uncertainty entails significant intertemporal lags, revealed by prices stabilizing 9-14 weeks subsequent to a market shock. The model results imply that postponing marketings of fed cattle to capitalize on expected price advantages would be risky and that selling cattle carcass grade and weight is more favorable when prices respond to increases in beef production. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis; Livestock Production/Industries. |
| Ano: 1989 |
URL: http://purl.umn.edu/32354 |
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| Brester, Gary W.; Marsh, John M.. |
| The Uruguay Round trade negotiations completed in April 1994 reduced beef trade barriers. Trade barriers for beef products have historically been significant. The Uruguay Round essentially converts many nontariff barriers (quotas) to tariffs (tariffication), includes safeguards for import surges, establishes minimum access commitments, reduces domestic subsidy supports, and provides special tariff allowances for developing countries. These provisions, commensurate with a growing world demand for animal source proteins, will likely increase U.S. fed beef exports and ground beef imports. The United States is a major world producer as well as exporter of beef. In 1996, the United States represented 35 percent of world beef production (ranked first) and 28... |
| Tipo: Working or Discussion Paper |
Palavras-chave: GATT; Beef trade; Cattle prices; Q0; International Relations/Trade; Demand and Price Analysis. |
| Ano: 1998 |
URL: http://purl.umn.edu/29169 |
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| Marsh, John M.; Brester, Gary W.. |
| An econometric model is used to estimate real wholesale-retail marketing margins for beef and pork. From 1970 to 1998, these margins increased by 27% and 149%, while farm-wholesale margins declined. Wholesale-retail (WR) marketing margin increases have caused livestock producers to focus on the retail sector as a contributor to declining real livestock prices. Increases in WR margins may be related to increased demand and costs of value-added food products/services as well as increased market concentration in the retail grocery sector. Results indicate that retail factors, and to a lesser extent meat processing factors, significantly increased WR margins and decreased livestock prices. |
| Tipo: Journal Article |
Palavras-chave: Livestock prices; Retail concentration; Retail costs; Wholesale-retail marketing margins; Demand and Price Analysis. |
| Ano: 2004 |
URL: http://purl.umn.edu/31139 |
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| Brester, Gary W.; Marsh, John M.. |
| U.S. participation in trade liberalization agreements with Canada and Mexico through the Canada–U.S. Free Trade Agreement (CFTA) and the North American Free Trade Agreement (NAFTA) has generated intense debates in agricultural sectors about the benefits and costs of those agreements. The CFTA and NAFTA mandate that live cattle and beef trade among Canada, Mexico, and the United States be based upon competitive factors and include legal safeguards to deal with arbitrary trade restrictions. Nominal and real U.S. fed and feeder cattle prices declined throughout the 1990s. Over the same period, the total U.S. beef supply increased from 25 billion pounds to 28.5 billion pounds. Imports (both beef and beef obtained from live cattle) accounted for almost 0.5... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Cattle imports; Beef exports; Cattle prices; Demand and Price Analysis; Q0. |
| Ano: 1999 |
URL: http://purl.umn.edu/29162 |
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| Miljkovic, Dragan; Marsh, John M.; Brester, Gary W.. |
| Japanese import demand for U.S. beef and pork products and the effects on domestic livestock prices are econometrically estimated. Japan is the most important export market for U.S. beef and pork products. Results indicate foreign income, exchange rates, and protectionist measures are statistically significant. The comparative statistics quantify the effects of recent economic volatility. For example, the 1995-1998 depreciation in the Japanese yen (39%) reduced U.S. slaughter steer and hog prices by $1.29 per cwt and $0.99 per cwt, respectively, while the 1994-1998 reduction in tariffs (14%) increased slaughter steer and hog prices by $0.49 per cwt and $0.33 per cwt, respectively. Livestock producers will continue to have a vested interest in Asian... |
| Tipo: Journal Article |
Palavras-chave: Elasticities; Exchange rates; Import demand; Income; Tariffs; Demand and Price Analysis; Q17; F14; C32. |
| Ano: 2002 |
URL: http://purl.umn.edu/15072 |
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| Schultz, Robert W.; Marsh, John M.. |
| A dynamic model is used to estimate quarterly price differences between steers and heifers in the feeder, slaughter, and carcass markets. For cattle within the same weight and grade range, their price differences are hypothesized to be influenced by seasonal, economic, and partly reflecting time changes in evaluation of steer and heifer quality in the live cattle and dressed meat trades. Stochastic factors are less prevalent at the feeder level, although risk of placing pregnant heifers in feedlots and weather are important. Steer and heifer inventories, slaughter prices, cost of gain, and margins explained most of the variation in feeder steer and heifer price differences. |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries; Marketing. |
| Ano: 1985 |
URL: http://purl.umn.edu/32520 |
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| Young, Linda M.; Marsh, John M.. |
| The live cattle and beef markets of Canada and the United States are well integrated and highly interdependent, but in an unequal fashion. This paper assesses the role of trade agreements and domestic policies in increasing market integration and analyses the impact of remaining barriers to integration. In this paper, we use integration in the context of forming or blending markets into a whole. When the Canada-United States Free Trade Agreement (CFTA) was implemented in 1989, tariffs on both live cattle and beef were reduced and within a few years many were eliminated. In 1996, the United States imported 1.5 million head of slaughter and feeder cattle from Canada, nearly a sixfold increase in the number of cattle imported prior to CFTA, which numbered... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Live cattle trade; U.S. cattle and beef; Canadian cattle and beef; International Relations/Trade; F1. |
| Ano: 1998 |
URL: http://purl.umn.edu/29171 |
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| Registros recuperados: 40 | |
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