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Feeder Cattle Price Differentials in Georgia Teleauctions

Author

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

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.

Suggested Citation

  • Turner, Steven C. & Dykes, Nancy S. & McKissick, John, 1991. "Feeder Cattle Price Differentials in Georgia Teleauctions," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 23(2), pages 75-84, December.
    • Handle: RePEc:cup:jagaec:v:23:y:1991:i:02:p:75-84_01
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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. Schroeder, Ted C. & Mintert, James & Jones, Rodney, 1992. "Factors Affecting Bidding Activity for Fed Cattle," WAEA/ WFEA Conference Archive (1929-1995) 321380, Western Agricultural Economics Association.
    3. Sanders, Dwight & Apgar, Gary & Manfredo, Mark R., 2005. "Using Farm-Level Data to Improve Marketing and Planning: An Illustration with Live Hogs," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2005, pages 1-8.
    4. 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), pages 1-15, April.
    5. Avent, R. Keith & Ward, Clement E. & Lalman, David L., 2002. "Asymmetric Value Of Preconditioning Programs For Feeder Cattle," 2002 Annual Meeting, July 28-31, 2002, Long Beach, California 36559, Western Agricultural Economics Association.
    6. Dhuyvetter, Kevin C. & Schroeder, Ted C. & Simms, Danny D. & Bolze, Ronald P., Jr. & Geske, Jeremy, 1996. "Determinants Of Purebred Beef Bull Price Differentials," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 21(2), pages 1-15, December.
    7. 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.

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