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A Comparison Of Pricing Structures At Video And Traditional Cattle Auctions


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  • Bailey, DeeVon
  • Peterson, Monte C.


The number of cattle sold through video auctions has increased dramatically during the past five years. In this study structural differences in pricing between a group of traditional auctions and the nation's largest satellite video cattle auction are examined. A Chow test for structural pricing differences reveals that the influence of lot characteristics, market information, and merchandising strategies on cattle prices are essentially identical at both types of auctions. However, optimal lot size is larger at video auctions than at traditional auctions.

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Bibliographic Info

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

Volume (Year): 16 (1991)
Issue (Month): 02 (December)

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Handle: RePEc:ags:wjagec:32603

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Keywords: Demand and Price Analysis;


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Cited by:
  1. Parcell, Joseph L. & Schroeder, Ted C. & Hiner, Frina D., 1995. "Determinants Of Cow-Calf Pair Prices," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 20(02), December.
  2. repec:ags:jrapmc:122317 is not listed on IDEAS
  3. Zimmerman, Lance C. & Schroeder, Ted C. & Dhuyvetter, Kevin C. & Olson, K.C. & Stokka, Gerald L. & Seeger, Jon T. & Grotelueschen, Dale M., 2012. "The Effect of Value-Added Management on Calf Prices at Superior Livestock Auction Video Markets," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 37(1), April.
  4. Lanfranco, Bruno A. & Castano, Jose P., 2010. "Incidence of Agro-Climate Variability over Grass-Fed Cattle Markets," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61182, Agricultural and Applied Economics Association.
  5. Pierce, Vern L. & Parcell, Joseph L. & Randle, Richard & Patterson, David J., 1999. "Determinants Of Sale Price And Farm Value In The Missouri Show-Me Select Replacement Heifer Program," 1999 Annual meeting, August 8-11, Nashville, TN 21545, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  6. Chymis, Athanasios G. & James, Harvey S., Jr. & Konduru, Srinivasa & Pierce, Vern L., 2004. "Asymmetric Information In Cattle Auctions: The Problem Of Revaccinations," Working Papers 26039, University of Missouri Columbia, Department of Agricultural Economics.


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