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Incidence of Agro-Climate Variability over Grass-Fed Cattle Markets

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  • Lanfranco, Bruno A.
  • Castano, Jose P.
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    Abstract

    The marginal contribution of each of the selected variables was quantified in terms of premiums and discounts and mapped as dynamic iso-price regions that illustrate geographic and seasonal permanent price patterns for feeder cattle, as well as changing market conditions derived from unexpected climate and weather variability. The graphic representation of how price patterns may change with climate variability allows for a better understanding of short term market disequilibrium derived from this type of variability. This may help cattle operators and producers improve farm management and making informed decisions.

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    File URL: http://purl.umn.edu/61182
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    Bibliographic Info

    Paper provided by Agricultural and Applied Economics Association in its series 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado with number 61182.

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    Date of creation: 2010
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    Handle: RePEc:ags:aaea10:61182

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    Related research

    Keywords: cattle prices; climate variability; agro-ecological conditions; seasonal effects; price formation; differentiated products; Demand and Price Analysis; Livestock Production/Industries;

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    1. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
    2. Dhuyvetter, Kevin C. & Schroeder, Ted C., 1999. "Determinants Of Feeder Cattle Price-Weight Slides," 1999 Annual Meeting, July 11-14, 1999, Fargo, ND 35679, Western Agricultural Economics Association.
    3. Bailey, DeeVon & Peterson, Monte C., 1991. "A Comparison Of Pricing Structures At Video And Traditional Cattle Auctions," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 16(02), December.
    4. Dhuyvetter, Kevin C., 2004. "Preconditioning Beef Calves: Are Expected Premiums Sufficient To Justify The Practice?," 2004 Annual Meeting, June 30-July 2, 2004, Honolulu, Hawaii 36196, Western Agricultural Economics Association.
    5. Avent, R. Keith & Ward, Clement E. & Lalman, David L., 2004. "Market Valuation of Preconditioning Feeder Calves," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 36(01), April.
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