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An analysis of feeder cattle price differentials

1989; Wiley; Volume: 5; Issue: 1 Linguagem: Inglês

10.1002/1520-6297(198901)5

1520-6297

Charles D. Lambert, Mark S. McNulty, Orlen C. Grunewald, L.R. Corah,

Agricultural risk and resilience

AgribusinessVolume 5, Issue 1 p. 9-23 Article An analysis of feeder cattle price differentials Charles D. Lambert, Charles D. Lambert Associate Director Economics, National Cattlemen's Association, Kansas State UniversitySearch for more papers by this authorMark S. McNulty, Mark S. McNulty Assistant Professor Department of Statistics, Kansas State UniversitySearch for more papers by this authorOrlen C. Grunewald, Orlen C. Grunewald Associate Professor Department of Agricultural Economics. Part of the work on this manuscript was conducted while O. Grunewald was a Visiting Associate Professor, Department of Agricultural Economics, University of Arizona, Kansas State UniversitySearch for more papers by this authorLarry R. Corah, Larry R. Corah Professor Department of Animal Science and Industry, Kansas State UniversitySearch for more papers by this author Charles D. Lambert, Charles D. Lambert Associate Director Economics, National Cattlemen's Association, Kansas State UniversitySearch for more papers by this authorMark S. McNulty, Mark S. McNulty Assistant Professor Department of Statistics, Kansas State UniversitySearch for more papers by this authorOrlen C. Grunewald, Orlen C. Grunewald Associate Professor Department of Agricultural Economics. Part of the work on this manuscript was conducted while O. Grunewald was a Visiting Associate Professor, Department of Agricultural Economics, University of Arizona, Kansas State UniversitySearch for more papers by this authorLarry R. Corah, Larry R. Corah Professor Department of Animal Science and Industry, Kansas State UniversitySearch for more papers by this author First published: January 1989 https://doi.org/10.1002/1520-6297(198901)5:1 3.0.CO;2-HCitations: 16AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onEmailFacebookTwitterLinkedInRedditWechat Abstract A static premium and discount analysis was used to determine whether certain management or marketing practices affect the price of feeder cattle at auction. Data included animal characteristics (sex, weight, muscle, frame, horns, breed, condition, fill, health) and market characteristics (price, lot size, market location, auction sale order). The analysis shows that marketing price can be enhanced by selling heavy muscled, crossbred cattle with either medium or large frame in large (truck-load) size lots. Cattle should carry average fill, an average or slightly fleshy amount of condition, and be dehorned. References 1 S. T. Buccola, „An Approach to the Analysis of Feeder Cattle Price Differentials,”︁ American Journal of Agricultural Economics, 62, 574–580 (1980). 10.2307/1240218 Web of Science®Google Scholar 2 J. M. Marsh, „Monthly Price Premiums and Discounts Between Steer Calves and Yearlings,”︁ American Journal of Agricultural Economics, 62, 307–314 (1985). 10.2307/1240683 Web of Science®Google Scholar 3 M. D. Faminow and R. L. Gum, „Feeder Cattle Price Differentials in Arizona Auction Markets,”︁ Western Journal of Agricultural Economics, 11, 156–163 (1986). Google Scholar 4 J. T. Davis, B. W. Bobst, and G. D. Steele, „Analysis of the Price Received for Feeder Cattle Marketed Through Special and Regular Auction Market Sales,”︁ contributed paper, Annual Meeting of the Southern Agricultural Economics Association, 1976. Google Scholar 5 R. J. Folwell and W. A. Rehberg, The Pricing of Calves and Stocker-Feeders in Eastern Washington, College of Agriculture Research Center Technical Bulletin Number 83, Washington State University, March 1976. Google Scholar 6 J. P. Kuehn, An Analysis of the West Virginia Livestock Auction Pricing Mechanism, Resource Management Series Number 77, Agricultural and Forestry Experiment Station, West Virginia University, September 1979. Google Scholar 7 A. G. Madsen and Z. R. Liu, Pricing Feeder Cattle at Colorado Auctions, Colorado State University Agricultural Experiment Station Technical Bulletin Number 114, June 1971. Google Scholar 8 G. D. Schwab, E. Rister, and H. D. Richie, „Price Analysis of 1976 and 1977 Michigan Cooperative Feeder Cattle Sales,”︁ Michigan State University Agricultural Experiment Station Research Report 353, 55–62 (September 1978). Google Scholar 9 G. M. Sullivan and D. A. Linton, „Economic Evaluation of an Alternative Marketing System for Feeder Cattle in Alabama,”︁ Southern Journal of Agricultural Economics, 13, 85–89 (1981). 10.1017/S008130520002731X Google Scholar 10 G. G. Judge, W. E. Griffiths, R. C. Hill, H. Lutkepohl, and T. Lee, The Theory and Practice of Econometrics, John Wiley & Sons, New York, 1985. Google Scholar 11 The Wall Street Journal, Dow Jones & Company, Inc., New York, various issues from September 1981 to December 1981. Google Scholar 12 A. A. Ray, Ed., Sas Users Guide: Statistics, SAS Institute Inc., Cary, NC, 177–178, (1982). Google Scholar Citing Literature Volume5, Issue1January 1989Pages 9-23 ReferencesRelatedInformation