Information Transmission in Cattle Markets: A Case Study of the Chariton Valley Beef Alliance
AbstractThe declining share of beef in total U.S. meat consumption has motivated industry-wide efforts to improve average beef quality through more effective coordination among the various market participants. Increased use of explicit grid pricing mechanisms over the last decade represents initial efforts at improved coordination. More recent efforts include animal-specific carcass data collection, with subsequent transmission to feeders and the relevant cow/calf operations, and improved source verification procedures aimed at (among other things) reducing the overall cost of medical treatment for live animals. None of these organizational innovations is costless, and indeed a number of significant barriers must be overcome before more widespread adoption of such practices takes place. This paper takes a detailed look at one organizationâ€™s attempts to overcome some of these barriers, and provides a qualitative assessment of this and other potential organizational responses.
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Bibliographic InfoArticle provided by Agricultural Economics Association of Georgia in its journal Journal of Agribusiness.
Volume (Year): 24 (2006)
Issue (Month): 1 ()
Marketing; Production Economics; cattle and beef markets; information transmission; producer alliance;
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- Marcoul, Philippe & Lawrence, John D. & Hueth, Brent, 2006.
"Grader Bias In Cattle Markets? Evidence From Iowa,"
2006 Annual meeting, July 23-26, Long Beach, CA
21123, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Brent Hueth & John D. Lawrence & Philippe Marcoul, 2004. "Grader Bias in Cattle Markets? Evidence from Iowa," Center for Agricultural and Rural Development (CARD) Publications 04-wp355, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- Hueth, Brent & Marcoul, Philippe & Lawrence, John D., 2007. "Grader Bias in Cattle Markets? Evidence from Iowa," Staff General Research Papers 11465, Iowa State University, Department of Economics.
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