IDEAS home Printed from https://ideas.repec.org/p/ags/nc8191/285684.html
   My bibliography  Save this paper

A Theoretical Analysis of the "Grid Pricing" Structure of the Beef Carcass Market

Author

Listed:
  • Beshear, Michelle
  • Trapp, James

Abstract

Carcass prices for varying yield and quality grades of fed cattle were estimated using five years of USDA reported prices for wholesale meat cuts. The estimated carcass prices were analyzed to determine seasonal patterns. Additionally, two samples of individual animal data were obtained to compare grid pricing to live weight pricing. The results show that beef carcass prices do exhibit a seasonal pattern. The seasonal patterns for both choice and select carcass prices follow the seasonal pattern of live fed steer prices. The level of pricing difference between animal values yielded on a live weight pricing system versus a grid pricing system is determined by three key factors identified in the study. Those factors are: quality of the animals in the pen in terms of both yield and quality grade, the time of year, and the contemporary cash market.

Suggested Citation

Handle: RePEc:ags:nc8191:285684
DOI: 10.22004/ag.econ.285684
as

Download full text from publisher

File URL: https://ageconsearch.umn.edu/record/285684/files/confp3-97.pdf
Download Restriction: no
File URL: https://libkey.io/10.22004/ag.econ.285684?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:nc8191:285684. 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.