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Quality Management and Information Transmission in Cattle Markets: A Case Study of the Chariton Valley Beef Alliance

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Author Info
Brent Hueth
John D. Lawrence

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Abstract

The declining share of beef in total U.S. meat consumption has motivated industry-­wide efforts to improve average beef quality through more effective coordination among the various market participants. Increased use of explicit "grid" pricing mechanisms over the last decade represents initial efforts at improved coordination. More recent efforts include animal­specific carcass data collection, with subsequent transmission to feeders and the relevant cow­calf operations, and improved "source verification" procedures aimed at (among other things) reducing the overall cost of medical treatment for live animals. None of these organizational innovations is costless; indeed, a number of significant barriers must be overcome before such practices can be adopted more widely. In this paper, we take a detailed look at one organization's attempts to overcome some of these barriers and provide an assessment of the costs and benefits of doing so.

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Publisher Info
Paper provided by Center for Agricultural and Rural Development (CARD) at Iowa State University in its series Center for Agricultural and Rural Development (CARD) Publications with number 02-bp40.

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Date of creation: Nov 2002
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Handle: RePEc:ias:cpaper:02-bp40

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Related research
Keywords: cattle markets; information transmission; source verification.;

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References listed on IDEAS
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  1. Yeboah, Godfred & Lawrence, John D., 2002. "Estimating the Value of Source Verification in Iowa Feeder Cattle Markets," Staff General Research Papers 2029, Iowa State University, Department of Economics. [Downloadable!]
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  1. Bulut, Harun & Lawrence, John D., 2006. "The Value of Third-Party Certification of Preconditioning Claims at Iowa Feeder Cattle Auctions," Staff General Research Papers 12683, Iowa State University, Department of Economics.
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