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Value Indicators in Feeder Cattle: An Analysis of Multi-State Auction Data

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  • Peel, Derrell S.
  • McGill, Ethan
  • Raper, Kellie Curry
  • DeVuyst, Eric A.

Abstract

Data from feeder cattle auctions across multiple states were analyzed in a hedonic regression to estimate the value of factors affecting the auction price of sale lots. The data set included over 275,000 head of cattle in more than 18,000 sale lots from 92 sales in 21 locations across seven states. Results quantify the value of sale factors, management factors, animal characteristics, and location on the auction price of feeder cattle.

Suggested Citation

  • Peel, Derrell S. & McGill, Ethan & Raper, Kellie Curry & DeVuyst, Eric A., 2024. "Value Indicators in Feeder Cattle: An Analysis of Multi-State Auction Data," Western Economics Forum, Western Agricultural Economics Association, vol. 22(1), September.
    • Handle: RePEc:ags:weecfo:349290
    DOI: 10.22004/ag.econ.349290
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    References listed on IDEAS

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    1. George W. Ladd & Marvin B. Martin, 1976. "Prices and Demands for Input Characteristics," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(1), pages 21-30.
    2. Schroeder, Ted C. & Mintert, James R. & Brazle, Frank & Grunewald, Orlen C., 1988. "Factors Affecting Feeder Cattle Price Differentials," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 13(01), pages 1-11, July.
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