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Feeder Cattle Price Differentials In Georgia Teleauctions

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  • Turner, Steven C.
  • Dykes, Nancy S.
  • McKissick, John C.
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    Abstract

    Three Georgia feeder cattle teleauction markets were analyzed from 1977 to 1988 to estimate the impacts of cattle characteristics and market conditions on prices. Cattle characteristic price impacts were similar to those in previous studies. The impact of feeder cattle futures price on teleauction price was positive but varied across markets. Optimal lot size ranged from 143 to 276 head. In one market, 14 lots were necessary to generate positive price impacts. Additional buyers were estimated to have a $.30/cwt per buyer impact on price.

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    Bibliographic Info

    Article provided by Southern Agricultural Economics Association in its journal Southern Journal of Agricultural Economics.

    Volume (Year): 23 (1991)
    Issue (Month): 02 (December)
    Pages:

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    Handle: RePEc:ags:sojoae:30047

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    Web page: http://www.saea.org/jaae/jaae.htm
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    Related research

    Keywords: Demand and Price Analysis;

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    Cited by:
    1. Roger A. Hinson & Steven C. Turner & John R. Brooker, 1995. "Transactions methods among US wholesale nurseries," Agribusiness, John Wiley & Sons, Ltd., vol. 11(2), pages 147-154.
    2. Chris Fawson & DeeVon Bailey & Terry Glover, 1996. "Price impacts of concentration, timing, and product characteristics in a feeder cattle video auction," Agribusiness, John Wiley & Sons, Ltd., vol. 12(5), pages 485-496.
    3. Williams, Brian R. & DeVuyst, Eric A. & Peel, Derrell S. & Raper, Kellie Curry, 2014. "Reducing Self-Selection Bias in Feeder Cattle Premium Estimates Using Matched Sampling," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 39(1), April.

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