IDEAS home Printed from https://ideas.repec.org/p/ags/n13412/285771.html
   My bibliography  Save this paper

Usage Determinants of Fed Cattle Pricing Mechanisms

Author

Listed:
  • Diersen, Matthew A.
  • Fausti, Scott W.

Abstract

Proposed cattle slaughter facilities in the upper Midwest have renewed interest among feedlot operators in the most appropriate mechanism to use when selling cattle. Buyers are also interested in the mechanisms that may have different benefits and seasonal patterns based on established behavior of other buyers in the region. In this paper we model the shares of fed cattle traded using different pricing mechanisms. The intent is to build a forecasting model of shares considering fundamental factors and seasonality. There is regional variation in the use of mechanisms. A Seemingly Unrelated Regression estimation procedure was used to analyze market shares. More variability of forward pricing and negotiated live pricing methods was explained compared to formula pricing and grid pricing methods.

Suggested Citation

Handle: RePEc:ags:n13412:285771
DOI: 10.22004/ag.econ.285771
as

Download full text from publisher

File URL: https://ageconsearch.umn.edu/record/285771/files/confp05-12.pdf
Download Restriction: no
File URL: https://libkey.io/10.22004/ag.econ.285771?utm_source=ideas
LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
---><---

More about this item

Keywords

;

Statistics

Access and download statistics

Corrections

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:n13412:285771. See general information about how to correct material in RePEc.

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.

We have no bibliographic references for this item. You can help adding them by using 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.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://www.farmdoc.illinois.edu/nccc134/ .

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

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.