IDEAS home Printed from
   My bibliography  Save this article

An Annual Model Of Purebred Breeding Bull Price


  • Greer, R. Clyde
  • Urick, J.J.


A geometric distributed lag model was hypothesized as the structural relationship between purebred breeding bull price and economic variables determining the bullÂ’s value as a productive asset. Parameter estimates for the nonstochastic difference equation were obtained from a data sample including nineteen years of average price paid for yearling purebred Hereford bulls. Statistical results supported the hypotheses; expected bull price was responsive to calf price and cowherd inventory. An oscillating geometric adjustment pattern was found which reflected periodicity in bull replacement decisions. The general conclusion was that relevant information is rapidly incorporated into purebred bull market behavior and price adjusts quickly.

Suggested Citation

  • Greer, R. Clyde & Urick, J.J., 1988. "An Annual Model Of Purebred Breeding Bull Price," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 13(01), July.
  • Handle: RePEc:ags:wjagec:32162

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Randal R. Rucker & Oscar R. Burt & Jeffrey T. LaFrance, 1984. "An Econometric Model of Cattle Inventories," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(2), pages 131-144.
    Full references (including those not matched with items on IDEAS)

    More about this item


    Livestock Production/Industries;


    Access and download statistics


    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:wjagec:32162. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.