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Price Determinants of Performance-Tested Bulls over Time

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  • 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, 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.
    • Handle: RePEc:cup:jagaec:v:51:y:2019:i:02:p:304-314_00
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    1. 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.
    2. 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.
    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.
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    1. 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.
    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.

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