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Feeder Cattle Price Differentials In Arizona Auction Markets

Author

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  • Faminow, Merle D.
  • Gum, Russell L.

Abstract

This paper presents the results of an empirical study of price differentials for feeder cattle in Arizona auction markets. Emphasis is placed upon the estimation of price/weight relationships for steers and heifers. Estimation of a short-run feeder cattle price differential model resulted in an equation with a good empirical fit. The model also is in agreement with theoretical expectations. It is concluded that the model presented in the paper could be maintained and updated periodically to provide a useful supplement to market price information services commonly used by cattle producers.

Suggested Citation

  • Faminow, Merle D. & Gum, Russell L., 1986. "Feeder Cattle Price Differentials In Arizona Auction Markets," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 11(2), pages 1-8, December.
    • Handle: RePEc:ags:wjagec:32255
    DOI: 10.22004/ag.econ.32255
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    References listed on IDEAS

    as
    1. Steven T. Buccola, 1980. "An Approach to the Analysis of Feeder Cattle Price Differentials," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 62(3), pages 574-580.
    2. Schultz, Robert W. & Marsh, John M., 1985. "Steer And Heifer Price Differences In The Live Cattle And Carcass Markets," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 10(1), pages 1-16, July.
    3. Scherer, F M, 1979. "The Welfare Economics of Product Variety: An Application to the Ready-to-Eat Cereals Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 28(2), pages 113-134, December.
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    Keywords

    Livestock Production/Industries; Marketing;

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