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Analysis of Feeder Pig Auction Price Differentials

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  • Schroeder, Ted C.
  • Jones, John M.
  • Nichols, David A.

Abstract

Several physical quality characteristics are important in pricing feeder pigs. This study identifies and estimates the discounts associated with various characteristics. Weight, weight squared, lot size, lot size squared, weight-lot size interactions, health, and lot uniformity were the most important physical traits affecting feeder pig price differentials. In addition, time of sale, changes in expected finished hog prices, and fluctuations in expected feed costs of finishing the pigs also had significant impacts on feeder pig prices.

Suggested Citation

  • Schroeder, Ted C. & Jones, John M. & Nichols, David A., 1989. "Analysis of Feeder Pig Auction Price Differentials," Staff Papers 133738, Kansas State University, Department of Agricultural Economics.
    • Handle: RePEc:ags:ksaesp:133738
    DOI: 10.22004/ag.econ.133738
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    References listed on IDEAS

    as
    1. Reid, Donald W. & Reed, Michael R., 1982. "An Analysis of the Southeastern Feeder Pig Market," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 14(2), pages 97-100, December.
    2. Marvin L. Hayenga & Barbara S. Grisdale & Robert G. Kauffman & H. Russell Cross & Lauren L. Christian, 1985. "A Carcass Merit Pricing System for the Pork Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(2), pages 315-319.
    3. Hayenga, Marvin L. & Grisdale, Barbara & Kauffman, Robert G. & Cross, H. R. & Christian, Lauren L., 1985. "Carcass Merit Pricing Systems in the Pork Industry," Staff General Research Papers Archive 11308, Iowa State University, Department of Economics.
    4. Steven T. Buccola, 1982. "Price Trends at Livestock Auctions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(1), pages 63-69.
    5. 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.
    6. Sullivan, Gregory M. & Linton, Daniel A., 1981. "Economic Evaluation of an Alternative Marketing System For Feeder Cattle in Alabama," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 13(2), pages 85-89, December.
    7. Sullivan, Gregory M. & Linton, Daniel A., 1981. "Economic Evaluation Of An Alternative Marketing System For Feeder Cattle In Alabama," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 13(2), pages 1-5, December.
    8. Schroeder, Ted C. & Mintert, James R. & Brazle, Frank & Grunewald, Orlen C., 1988. "Factors Affecting Feeder Cattle Price Differentials," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 13(1), pages 1-11, July.
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    Cited by:

    1. Maynard, Leigh J. & Stoeppel, Kelly M., 2007. "Hedonic Price Analysis of Thoroughbred Broodmares in Foal," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 25(2), pages 1-15.

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