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The Influence of Fat and Weight on the Price of Lamb in the Homebush Livestock and Wholesale Markets

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Author Info
Mullen, John D.
Abstract

An econometric analysis is reported of the relationship between price, and fat cover and weight, in the Homebush livestock and wholesale markets in 1987, 1988 and 1989 using data from the Livestock Market Reporting Service. Implicit prices for changes in weight and fat cover were estimated while accounting for changes in supply and demand conditions for lamb. The analysis lends support to the view that consumer preference for leaner lamb was not being reflected in prices offered for lamb in traditional auction markets.

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File URL: http://purl.umn.edu/12467
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Publisher Info
Article provided by Australian Agricultural and Resource Economics Society in its journal Review of Marketing and Agricultural Economics.

Volume (Year): 63 (1995)
Issue (Month): 01 (April)
Pages:
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Handle: RePEc:ags:remaae:12467

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Related research
Keywords: Demand and Price Analysis;

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  1. Mullen, J.D. & Wohlgenant, M.K., 1991. "The Willingness Of Consumers To Pay For Attributes Of Lamb," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 35(03), December. [Downloadable!]
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This page was last updated on 2009-12-26.

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