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Registros recuperados: 67
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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
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Market Valuation of Preconditioning Feeder Calves AgEcon
Avent, R. Keith; Ward, Clement E.; Lalman, David L..
Preconditioning calf programs, while not new, are becoming more prevalent. They provide benefits to cow-calf producers while adding value for feeder cattle buyers. However, questions remain regarding the economic costs and returns of such programs. A model was estimated with data from three consecutive-day sales, to determine the value that buyers place on preconditioning programs and related feeder cattle traits. Our results indicate that price premiums, although evident, appear to be insufficient by themselves to cover the marginal costs of preconditioning.
Tipo: Journal Article Palavras-chave: Animal health; Feeder cattle; Hedonic model; Marketing; Preconditioning; Prices; Value-added; Q13; Q12; Q11; C23.
Ano: 2004 URL: http://purl.umn.edu/42894
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Extent and Characteristics of Retail Fresh Beef Branding AgEcon
Ward, Clement E.; Lusk, Jayson L.; Dutton, Jennifer M..
Limited information exists regarding the extent and characteristics of branded fresh beef. Retail package data from a sample of grocery stores in three metropolitan areas enabled determining the extent of branded beef for ground beef, roasts, and steaks. Logit models identified factors affecting the probability of beef products being branded, and the probability of beef products carrying specific types of brands compared with store brands and generic (unbranded) beef. The extent of branded beef and type of brand both varied by store type, specific product, quality designation, package type, and presence of special labeling.
Tipo: Journal Article Palavras-chave: Marketing.
Ano: 2008 URL: http://purl.umn.edu/55986
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Vertical Integration Comparison: Beef, Pork, and Poultry AgEcon
Ward, Clement E..
Tipo: Conference Paper or Presentation Palavras-chave: Industrial Organization; Livestock Production/Industries.
Ano: 1997 URL: http://purl.umn.edu/35759
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KEY FACTORS CONTRIBUTING TO COW/CALF COSTS, PROFITS AND PRODUCTION AgEcon
Parker, Ruslyn; Doye, Damona G.; Ward, Clement E.; Peel, Derrell S.; McGrann, James M.; Falconer, Lawrence L..
In this study, cow/calf Standardized Performance Analysis (SPA) data for Texas, Oklahoma, and New Mexico are used to analyze how total cost, production, and profitability are affected by management choices. Total cost is the financial cost associated with raising a calf through the weaning stage; profits are measured using the rate of return on assets; production is determined by pounds weaned per exposed female. Variables such as herd size, pounds of feed fed, calving percentage, death loss, length of breeding season and investment in asset groups are used in regressions. Key factors contributing to a cow/calf operation's costs, production, and profitability are identified.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/34776
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Assessing Competition in the U.S. Beef Packing Industry AgEcon
Ward, Clement E..
Tipo: Journal Article Palavras-chave: Beef; Cattle; Competition; Concentration; Market structure; Meatpacking; Pricing; Agribusiness; Livestock Production/Industries; L13; Q13.
Ano: 2010 URL: http://purl.umn.edu/94758
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LESSONS LEARNED FROM RESEARCH WITH THE FED CATTLE MARKET SIMULATOR AgEcon
Ward, Clement E.; Koontz, Stephen R.; Peel, Derrell S.; Trapp, James N..
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 2001 URL: http://purl.umn.edu/36181
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Beef Cattle Production and Management Practices and Implications for Educators AgEcon
Vestal, Mallory K.; Ward, Clement E.; Doye, Damona G.; Lalman, David L..
Beef producers need to continually incorporate new information and adopt new technology to effectively manage production costs. Oklahoma State University began a Master Cattleman program with this need in mind. Understanding technology adoption by producers requires identifying current management practices. Data from a survey developed as part of the Master Cattleman program document current practices. Management practices were examined for two groups; producers with smaller herds who are less dependent on the beef enterprise for family income, and producers with larger herds who are more dependent on beef. Results clearly show that size and dependence on the beef enterprise matters when considering a broad spectrum of beef management practices.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/21426
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IMPACTS FROM CAPTIVE SUPPLIES ON FED CATTLE TRANSACTION PRICES AgEcon
Ward, Clement E.; Koontz, Stephen R.; Schroeder, Ted C..
Increased use of noncash-price procurement methods has concerned cattlemen for the past several years. This research estimated impacts of captive supplies on transaction prices for fed cattle. Negative relationships were found between transaction prices and percentage deliveries from the inventory of forward contracted and marketing agreement cattle. However, impacts from the absolute size of the total captive supply inventory were not significant. Price differences were found among procurement methods with forward contract prices being much lower. On balance, captive supplies had small but often negative effects on fed cattle transaction prices.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1998 URL: http://purl.umn.edu/31205
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Price Discovery and Captive Supply Implications for the Canadian Beef Industry AgEcon
Ward, Clement E.; Schroeder, Ted C..
As cattle markets have transitioned from predominantly cash market sealed-bid or negotiated price discovery to more formula pricing, marketing agreements, forward contracts, and packer-owned cattle feeding, concerns about methods of price discovery for fed cattle have escalated. High levels of concentration in beef packing in Canada were exacerbated by cattle trade restrictions with the United States that limited market access and thus caused further unease with the price discovery process for fed cattle in Canada.
Tipo: Journal Article Palavras-chave: Marketing.
Ano: 2007 URL: http://purl.umn.edu/46435
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A PARTIAL-ADJUSTMENT, MIXED LINEAR MODEL OF PRICE DISCOVERY IN AN EXPERIMENTAL MARKET FOR FED CATTLE AgEcon
Carlberg, Jared G.; Ward, Clement E..
The Fed Cattle Market Simulator (FCMS) was developed by a team of researchers at Oklahoma State University to aid in understanding the forces that influence price discovery in the fed cattle market. Participants in the FCMS play the role of feedlot marketing managers and packing plant procurement agents, and trade paper pens of cattle in the experimental market. Previous research with the FCMS has not attempted to capture the dynamic nature of the price discovery process; this paper uses a partial-adjustment approach to accomplish that goal. A mixed linear model is used to accommodate both fixed and random effects in the data. Results show that the transaction price adjusts only sixteen percent on a week-by-week basis to its desired level. As such,...
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 2001 URL: http://purl.umn.edu/20598
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Influence of Beginning Body Condition Scores on Net Returns From Feeding Cull Cows AgEcon
Amadou, Zakou; Raper, Kellie Curry; Biermacher, Jon T.; Cook, Billy; Ward, Clement E..
The impact of beginning body condition scores on returns from feeding cull cows was investigated in a two year experiment. In each of two culling years, physical performance data and financial data were measured at approximately monthly intervals for culls on pasture versus dry lot. Specifically, data was collected for cows culled in October 2007 and held through April 2008 and for cows culled in October 2008 and held through March 2009. We examine the sensitivity of net returns relative to the choice of body condition score as a sorting trigger for heavy versus thin cows. In this two year study, while a pasture system was generally more profitable than a drylot system, thin cows were typically more profitable than cows with higher BCS, regardless of the...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy.
Ano: 2010 URL: http://purl.umn.edu/61747
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PRICE PREMIUMS FROM A CERTIFIED FEEDER CALF PRECONDITIONING PROGRAM AgEcon
Ward, Clement E.; Lalman, David L..
Preconditioning calf programs, while not new, are becoming more prevalent. They provide benefits to cow-calf producers while adding value for feeder cattle buyers. However, questions remain regarding the marginal returns from marketing preconditioned calves exceeds the marginal costs for preconditioning. This paper reports estimates from two models to determine the premium paid by feeder cattle buyers for preconditioned calves in the Oklahoma Quality Beef Network (OQBN) program. One model assumes feeder calf characteristics are independent as most previous research. The other assumes interdependency between several characteristics that are affected by preconditioning. Data were from seven feeder calf sales in Oklahoma in 2001 and another seven sales in...
Tipo: Conference Paper or Presentation Palavras-chave: Animal health; Feeder cattle; Hedonic models; Marketing; Preconditioning; Prices; Value-added; Demand and Price Analysis; Livestock Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/18973
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ELECTRONIC MARKET USE BY OKLAHOMA LAMB PRODUCERS AgEcon
Koontz, Stephen R.; Ward, Clement E..
Socioeconomic and production system characteristics of a sample of Oklahoma sheep producers were employed to examine the decision to use or not use an electronic market for slaughter lambs. Producer attributes that influence electronic market use were identified with qualitative choice models. The results help identify characteristics of electronic markets which influence their success. The findings also have implications about educational opportunities for cooperative extension.
Tipo: Journal Article Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 1993 URL: http://purl.umn.edu/30819
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Supply Effects on Price Discovery and Pricing Choice for Fed Cattle AgEcon
Ward, Clement E..
Price discovery research related to fed cattle has involved data covering a relatively small portion of the longer cattle cycle. Thus, research has not explicitly addressed the impacts alternative supply conditions have on price discovery. Additionally, little research has addressed the pricing choices for fed cattle marketing or procurement. In research reported here using data from an experimental market, the Fed Cattle Market Simulator, models were estimated that encompassed live weight, dressed weight, and grid pricing under alternative supply scenarios, specifically a larger supply and smaller supply period. Variables explaining fed cattle price variation differed somewhat between the two supply periods. For the two periods combined, results were...
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/19034
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Cooperative Meat Packing, lessons learned from Sterling Colorado Beef Company AgEcon
Ward, Clement E..
Integration into meatpacking is a marketing alternative for livestock producers. For those considering such a step, Sterling Colorado Beef Co. provides a valuable learning experience. Feeders willing to commit capital, cattle, and time established the cooperative. Members said primary benefits were having a guaranteed market outlet and receiving a fair market price, rather than receiving a higher price or obtaining additional returns from meatpacking. Members attributed the cooperative's success to competent management and strong member management relations. The major problems encountered involved issues of environmental protection and lack of commitment by some members.
Tipo: Journal Article Palavras-chave: Cooperative; Meatpacking; Vertical integration; Cattle marketing; Cattle procurement; Cattle pricing; Beef marketing; Agribusiness; Livestock Production/Industries.
Ano: 1981 URL: http://purl.umn.edu/49822
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Determining Key Factors of Influence on the Profitability of Retaining Cull Cows Beyond Culling AgEcon
Amadou, Zakou; Raper, Kellie Curry; Ward, Clement E.; Biermacher, Jon T.; Cook, Billy.
Factors influencing the profitability of retaining and feeding cull cows beyond culling were investigated. First, a price response function is estimated using 19 years of monthly price data as reported by Agricultural Market Services (AMS). Net returns are then estimated using data from a three year cull cow feeding experiment conducted at The Samuel Roberts Noble Foundation and used to examine the relative effect of various factors on net returns. Results showed the importance of average daily gain increases across feeding periods while feeding system is also an important contributing factor to net returns.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries; Marketing; Q1.
Ano: 2011 URL: http://purl.umn.edu/98790
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Factors Influencing the Extent of Grid Pricing of Fed Cattle AgEcon
Ward, Clement E..
Motives for grid pricing of fed cattle have been identified in previous research. Also, estimates of grid pricing exist from feedlot surveys and data generated via mandatory price reports since 2001. However, no research has attempted to estimate factors influencing the extent of grid pricing by cattle feeders. Cattle feedlot respondents to a survey primarily in Nebraska, Colorado, Kansas, and Texas reported a wide range of grid pricing use in 2003. Two groups of feedlot respondents were created; those using grid pricing for half or less of their fed cattle marketings in 2003 and those using grid pricing for more than half of their marketings. Ordinary least squares and ordered logit models were estimated to determine factors affecting grid pricing...
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 2005 URL: http://purl.umn.edu/19035
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Designing a Voluntary Beef Checkoff AgEcon
Norwood, F. Bailey; Winn, Chris; Chung, Chanjin; Ward, Clement E..
Recently, the U.S. Supreme Court considered whether the mandatory fees imposed by the beef checkoff violates the First Amendment. As a precaution, many states began forming voluntary beef checkoffs, where funds would be raised through voluntary contributions. This study conducted a survey of Oklahoma cattle producers to determine what type ofvoluntary checkoff design would receive the greatest support. The most popular checkoff placed a large emphasis on advertising and a slightly lower checkoff fee. The survey also tested the ability of a provision point mechanism to limit free-riding. The mechanism was not as effective as in other studies which used laboratory experiments.
Tipo: Journal Article Palavras-chave: Beef marketing; Checkoff; Free-rider; Provision point mechanism; Public good; Agricultural and Food Policy; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/10149
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EFFICIENCY OF MARKET PRICE SIGNALS FOR FEEDER CATTLE FRAME SIZE AND MUSCLING AgEcon
Baggett, Hub B., IV; Ward, Clement E.; Child, Dan M..
Two beef cattle production traits that affect performance are frame size and muscle thickness. Buyers pay premiums or discounts for feeder cattle with different frame and muscling. Do prices accurately reflect performance? What effect do frame and muscling have on profitability? Performance differed in some cases but not others. Backgrounding, stocker, and feedlot ADG differed little, while feed efficiency, days fed, and harvest weight varied more. There were many differences in carcass characteristics due to frame and muscling. Results provide evidence that stocker and feedlot prices are inefficient since a greater profit can be made producing one type of calf instead of another.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 2002 URL: http://purl.umn.edu/36661
Registros recuperados: 67
Primeira ... 1234 ... Última
 

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