Market Coordination in the Beef Stocker Sector: Short and Long Run Implications of Higher Corn Prices
AbstractBeef industry sectors are coordinated by a relatively subtle combination of absolute price levels and price relationships across feeder cattle weights. This paper presents a conceptual framework to understand market based coordination of production in the beef industry. The paper illustrates with examples from history and discusses the implications of permanently higher corn prices.
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Bibliographic InfoPaper provided by Southern Agricultural Economics Association in its series 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas with number 98826.
Date of creation: 2011
Date of revision:
Cattle Markets; Stocker Cattle; Market Coordination; Marketing;
This paper has been announced in the following NEP Reports:
- NEP-AGR-2011-04-16 (Agricultural Economics)
- NEP-ALL-2011-04-16 (All new papers)
- NEP-COM-2011-04-16 (Industrial Competition)
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