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Feeder Cattle Basis in the Western United States Over the Last Decade

Author

Listed:
  • Berg, Nikolas L.
  • Thayer, Anastasia W.
  • Fischer, Matthew
  • Feuz, Dillon

Abstract

Since 2012, Western cattle herds have undergone cycles of contraction and expansion, influenced by severe droughts, a global pandemic, and regional variations in cattle quality, all of which have contributed to diverse local market conditions. We examine feeder steer and heifer basis from 2012-2023 in nine Western states to identify market trends and patterns. We find that some historic patterns persist, but also new patterns based on season, region, weight class, and gender exist, which could be used to improve ranch-level decision-making and marketing.

Suggested Citation

  • Berg, Nikolas L. & Thayer, Anastasia W. & Fischer, Matthew & Feuz, Dillon, 2024. "Feeder Cattle Basis in the Western United States Over the Last Decade," Western Economics Forum, Western Agricultural Economics Association, vol. 22(1), September.
    • Handle: RePEc:ags:weecfo:349291
    DOI: 10.22004/ag.econ.349291
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    References listed on IDEAS

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    6. Bina, Justin D. & Schroeder, Ted C. & Tonsor, Glynn T., 2022. "Feeder Cattle Basis Risk and Determinants," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 54(1), pages 137-156, February.
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