IDEAS home Printed from https://ideas.repec.org/p/ags/nc8191/285757.html

Short-Term Variability in Grid Prices for Fed Cattle

Author

Listed:
  • Ward, Clement E.
  • Lee, Jong-In

Abstract

This research examined variability in grid prices that can occur within a given day or week for a given set of cattle. Data for one day's slaughter from four plants revealed considerable variation in cattle brought to slaughter by cattle feeders. Several sources of variation were found. Base prices varied $2/dressed cwt., or $15/head, whether using plant averages or formulas tied to reported cash-market prices. Prices across grids added another $2-4/cwt. of variation, another $15 to 30/head. Variation in carcass characteristics contributed significantly to the variation in grid pricing, especially discounted characteristics such as Select and Standard carcasses, Yield Grade 4-5 carcasses, light and heavy carcasses, and non-conforming or "out" carcasses.

Suggested Citation

  • Ward, Clement E. & Lee, Jong-In, 1999. "Short-Term Variability in Grid Prices for Fed Cattle," 1981-1999 Conference Archive 285757, NCR-134/ NCCC-134 Applied Commodity Price Analysis, Forecasting, and Market Risk Management.
    • Handle: RePEc:ags:nc8191:285757
    DOI: 10.22004/ag.econ.285757
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/285757/files/confp5-99.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.285757?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:nc8191:285757. 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.