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Wholesale Demand For Usda Quality Graded Boxed Beef And Effects Of Seasonality

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  • Lusk, Jayson L.
  • Marsh, Thomas L.

Abstract

This study quantifies the differential in demand between different USDA quality grades of beef and the interaction between quality graded beef and other meats. We provide estimates of meat retailer own and cross price demand elasticities for USDA Choice and Select boxed beef. Results indicate that meat retailers have more elastic demand for lower quality graded beef. Seasonal analysis indicates demand for both beef quality grades becomes highly price inelastic during the summer "cook-out" months. The two beef quality grades are strong substitutes during the fall and winter. However, Select beef is not a substitute for Choice beef in the spring and summer.

Suggested Citation

  • Lusk, Jayson L. & Marsh, Thomas L., 2000. "Wholesale Demand For Usda Quality Graded Boxed Beef And Effects Of Seasonality," 2000 Annual Meeting, June 29-July 1, 2000, Vancouver, British Columbia 36409, Western Agricultural Economics Association.
    • Handle: RePEc:ags:waeava:36409
    DOI: 10.22004/ag.econ.36409
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    Cited by:

    1. Parcell, Joseph L., 2003. "An Empirical Analysis of the Demand for Wholesale Pork Primals: Seasonality and Structural Change," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 28(2), pages 1-14, August.
    2. Jayson L. Lusk & Glynn T. Tonsor & Lee L. Schulz, 2021. "Beef and Pork Marketing Margins and Price Spreads during COVID‐19," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 43(1), pages 4-23, March.
    3. Dhoubhadel, Sunil P. & Stockton, Matthew C., 2010. "The U.S. Import of Beef: Substitute or Complement for Domestic Beef Production?," 2010 Annual Meeting, February 6-9, 2010, Orlando, Florida 56509, Southern Agricultural Economics Association.
    4. Mutondo, Joao E. & Henneberry, Shida Rastegari, 2007. "A Source-Differentiated Analysis of U.S. Meat Demand," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 32(3), pages 1-19, December.
    5. Crespi, John M. & Marette, Stephan, 2003. "Some Economic Implications Of Public Labeling," Journal of Food Distribution Research, Food Distribution Research Society, vol. 34(3), pages 1-12, November.
    6. Ali Ardeshiri & Spring Sampson & Joffre Swait, 2019. "Seasonality Effects on Consumers Preferences Over Quality Attributes of Different Beef Products," Papers 1902.02419, arXiv.org.
    7. Jang, Ju Won & Ishdorj, Ariun & Anderson, David P. & Purevjav, Tsengeg & Dahlke, Garland, 2017. "Exploring The Existence Of Grader Bias In Beef Grading," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 49(3), pages 467-489, August.
    8. Jebaraj Asirvatham & Sanjib Bhuyan, 2018. "Incentives and Impacts of Vertical Coordination in a Food Production-Marketing Chain: A Non-cooperative Multi-Stage, Multi-Player Analysis," Journal of Industry, Competition and Trade, Springer, vol. 18(1), pages 59-95, March.
    9. Schroeder, Ted C. & Yang, Xiaolou, 2001. "Hedging Wholesale Beef Cuts," 2001 Annual Meeting, July 8-11, 2001, Logan, Utah 36091, Western Agricultural Economics Association.
    10. Kehar Singh & Madan M. Dey & Prasanna Surathkal, 2014. "Seasonal and Spatial Variations in Demand for and Elasticities of Fish Products in the United States: An Analysis Based on Market-Level Scanner Data," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 62(3), pages 343-363, September.
    11. Andreas Tsakiridis & Michael Wallace & James Breen & Cathal O'Donoghue & Kevin Hanrahan, 2021. "Beef quality assurance schemes: Can they improve farm economic performance?," Agribusiness, John Wiley & Sons, Ltd., vol. 37(3), pages 451-471, July.
    12. Sophie DROGUE & Stephan MARETTE & Priscila RAMOS, 2010. "Product Differentiation and Trade: An Example From the Bovine Meat Sector," EcoMod2004 330600043, EcoMod.
    13. Riley, John Michael & Schroeder, Ted C. & Wheeler, Tommy L., 2005. "Valuing Fed Cattle Using Slice Shear Force Measurements," 2005 Annual Meeting, July 6-8, 2005, San Francisco, California 36313, Western Agricultural Economics Association.
    14. Balmann, Alfons & Kataria, Karin & Musshoff, Oliver, 2013. "Investment reluctance in supply chains: An agent-based real options approach," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 3(2A), pages 1-10.
    15. Wen Lin & David L. Ortega & Danielle Ufer & Vincenzina Caputo & Titus Awokuse, 2022. "Blockchain‐based traceability and demand for U.S. beef in China," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 44(1), pages 253-272, March.
    16. Grant, Jason & Arita, Shawn, 2017. "Sanitary and Phyto-Sanitary Measures: Assessment, Measurement, and Impact," Commissioned Papers 259417, International Agricultural Trade Research Consortium.

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