IDEAS home Printed from https://ideas.repec.org/a/ags/joaaec/356474.html

Price Determinants of Performance-Tested Bulls over Time

Author

Listed:
  • Boyer, Christopher N.
  • Campbell, Kelsey
  • Griffith, Andrew P.
  • DeLong, Karen L.
  • Rhinehart, Justin
  • Kirkpatrick, David

Abstract

We estimate the values of bull phenotypic traits, performance measurements, and expected progeny differences (EPDs) over time using bull sale data from an auction in Tennessee from 2006 to 2016. Moreover, we determine how a state partial-cost reimbursement program for bulls with certain EPDs affects bull sale price. Purebred seed stock producers in this region should focus on selling large, fast-growing, mature bulls that produce lighter calves for reduced calving stress. The state cost-share payment did not significantly increase bull prices in most years, meaning this payment was retained by cow-calf producers in most years.

Suggested Citation

  • Boyer, Christopher N. & Campbell, Kelsey & Griffith, Andrew P. & DeLong, Karen L. & Rhinehart, Justin & Kirkpatrick, David, . "Price Determinants of Performance-Tested Bulls over Time," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 51(2).
    • Handle: RePEc:ags:joaaec:356474
    DOI: 10.22004/ag.econ.356474
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/356474/files/price-determinants-of-performance-tested-bulls-over-time.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.356474?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. is not listed on IDEAS
    2. Boyer, Christopher N. & Campbell, Kelsey & Griffith, Andrew P. & DeLong, Karen L. & Rhinehart, Justin & Kirkpatrick, David, 2019. "Price Determinants of Performance-Tested Bulls over Time," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 51(2), pages 304-314, May.
    3. Jan Chvosta & Randal R. Rucker & Myles J. Watts, 2001. "Transaction Costs and Cattle Marketing: The Information Content of Seller-Provided Presale Data at Bull Auctions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(2), pages 286-301.
    4. McBride, William D. & Mathews, Kenneth H., Jr., 2011. "The Diverse Structure and Organization of U.S. Beef Cow-Calf Farms," Economic Information Bulletin 102764, United States Department of Agriculture, Economic Research Service.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Smith, Katy V. & DeLong, Karen L. & Griffith, Andrew P. & Boyer, Christopher N. & Martinez, Charley & Jensen, Kimberley L., 2023. "Cow-Calf Producer Preferences for Bull Genomic Enhanced Expected Progeny Differences," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 48(3), September.
    2. is not listed on IDEAS
    3. Pruitt, J. Ross & Gillespie, Jeffrey M. & Nehring, Richard F. & Qushim, Berdikul, 2012. "Adoption of Technology, Management Practices, and Production Systems by U.S. Beef Cow-Calf Producers," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 44(2), pages 203-222, May.
    4. Jones, Rodney & Turner, Tyler & Dhuyvetter, Kevin C. & Marsh, Thomas L., 2008. "Estimating the Economic Value of Specific Characteristics Associated with Angus Bulls Sold at Auction," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 40(1), pages 315-333, April.
    5. Lopez, Jose & Bankole, Taiwo & Wahrmund, Jackie, "undated". "A Hedonic Analysis of Feeder Cattle Auction Prices in Northeast Texas," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 252732, Southern Agricultural Economics Association.
    6. Boyer, Christopher N. & Griffith, Andrew P. & Roberts, Roland K. & Savoy, Hubert J. & Leib, Brian G., 2014. "Managing Nitrate Levels in Bermudagrass Hay: Implications for Net Returns," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2014, pages 1-16.
    7. Lacy, R. Curt & Pruitt, J. Ross & Hancock, Dennis W., 2015. "Economic Returns and Risk Analysis of Forage Wrapping Technologies," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2015, pages 1-15.
    8. Jean L. Steiner & David D. Briske & David P. Brown & Caitlin M. Rottler, 2018. "Vulnerability of Southern Plains agriculture to climate change," Climatic Change, Springer, vol. 146(1), pages 201-218, January.
    9. Tong Wang & W. Richard Teague & Seong C. Park & Stan Bevers, 2015. "GHG Mitigation Potential of Different Grazing Strategies in the United States Southern Great Plains," Sustainability, MDPI, vol. 7(10), pages 1-22, September.
    10. Taylor, Mykel R. & Dhuyvetter, Kevin C. & Kastens, Terry L. & Douthit, Megan & Marsh, Thomas L., 2006. "Show Quality Quarter Horse Auctions: Price Determinants and Buy-Back Practices," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 31(3), pages 1-21, December.
    11. Gillespie, Jeffrey & Whitt, Christine & Davis, Christopher, 2023. "Structure, Management Practices, and Production Costs of U.S. Beef Cow-Calf Farms," Economic Research Report 338941, United States Department of Agriculture, Economic Research Service.
    12. Buddhika Patalee & Glynn T. Tonsor, 2021. "Weather effects on U.S. cow‐calf production: A long‐term panel analysis," Agribusiness, John Wiley & Sons, Ltd., vol. 37(4), pages 838-857, October.
    13. Schulz, Lee L. & Dhuyvetter, Kevin C. & Doran, Beth, 2014. "Factors Affecting Preconditioned Calf Price Differentials: How much do Market and Sale Conditions Matter?," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170570, Agricultural and Applied Economics Association.
    14. Clare M D'Souza & David Prentice, 2001. "Auctioneer Strategy and Pricing: Evidence from an Art Auction," Working Papers 2001.05 EDIRC Provider-In, School of Economics, La Trobe University.
    15. Qushim, Berdikul & Gillespie, Jeffrey M. & Nehring, Richard F., 2013. "Scale Economies And Economic Performance In Southeastern U.S. Cow-Calf Production," 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 143009, Southern Agricultural Economics Association.
    16. Adkins, Tracey S. & Riley, John Michael & Little, Randall D. & Coatney, Kalyn T., 2012. "Cow-Calf Operations in the Southeastern United States: An Analysis of Farm Characteristics and Production Risks," 2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama 119757, Southern Agricultural Economics Association.
    17. Parcell, Joseph L. & Schaefer, Daniel & Patterson, David J. & John, Mike & Kerley, Monty S. & Haden, Kent, 2008. "Assessing the Value of Coordinated Sire Genetics in a Synchronized AI Program," 2008 Conference, April 21-22, 2008, St. Louis, Missouri 37618, NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management.
    18. James M. MacDonald, 2020. "Tracking the Consolidation of U.S. Agriculture," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 42(3), pages 361-379, September.
    19. Boyer, Christopher M. & McFarlane, Zach McFarlane & Mulliniks, Travis & Griffith, Andrew P., "undated". "Investment into Developing Heifers: When Does She Become Profitable?," 2018 Annual Meeting, August 5-7, Washington, D.C. 274108, Agricultural and Applied Economics Association.
    20. Patalee, M.A. Buddhika & Tonsor, Glynn T., 2021. "Impact of weather on cow-calf industry locations and production in the United States," Agricultural Systems, Elsevier, vol. 193(C).
    21. Boaitey, Albert & Goddard, Ellen & Mohapatra, Sandeep & Hailu, Getu, "undated". "Cow-Calf Producer Risk Preference Impacts On Willingness To Pay For Sustainable Breeding Practices," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170231, Agricultural and Applied Economics Association.

    More about this item

    Keywords

    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:joaaec:356474. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/saeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.