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Pig Carcase Pricing Models: A Preliminary Investigation

Author

Listed:
  • Griffith, Garry R.
  • Giles, L.R.

Abstract

This paper reports on a preliminary study which aimed to determine whether a proposed pig carcase description scheme could be regarded as appropriate for the needs of market participants in the Australian pig market. Regression techniques applied to carcase measurements and cut-out data revealed that those carcase characteristics used as the basis of the description scheme significantly explained wholesale and retail carcase values. Available evidence also suggests that market participants are using this measurement information in their trading activities.

Suggested Citation

  • Griffith, Garry R. & Giles, L.R., 1977. "Pig Carcase Pricing Models: A Preliminary Investigation," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 45(04), pages 1-13, December.
    • Handle: RePEc:ags:remaae:9215
    DOI: 10.22004/ag.econ.9215
    as

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    File URL: https://ageconsearch.umn.edu/record/9215/files/45040146.pdf
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    References listed on IDEAS

    as
    1. Griffith, G. R. & Whitelaw, R. A., 1975. "Sydney Meat Marketing Margins: January 1971 to June 1974," Archive 260383, New South Wales Department of Primary Industries Research Economists.
    2. John E. Ikerd & Charles L. Cramer, 1970. "A Practical Computer Method for Pricing Pork Carcasses and Hogs," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 52(2), pages 242-246.
    3. John E. Ikerd & Charles L. Cramer, 1968. "Price Signal Refraction in Pork Processing," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 50(2), pages 225-231.
    4. Griffith, Garry R., 1974. "Sydney Meat Marketing Margins - An Econometric Analysis," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 42(04), pages 1-17, December.
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    Cited by:

    1. Griffith, Garry R., 1978. "An Ex Ante Evaluation of the National Pig Carcase Measurement and Information Service," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 46(03), pages 1-22, December.

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    Keywords

    Demand and Price Analysis;

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