Accuracy Of Grid Pricing: An Evaluation Using Wholesale Values Of Fed Cattle
Grid pricing is one of the beef industry's answers to improving value coordination in fed cattle transactions. This paper constructs individual carcass-level grid and wholesale beef values. These values are used to evaluate the level of value communication that occurs between wholesale and grid values of beef. Furthermore, the values are used to estimate grid premiums/discounts that improve value communication. Results indicate that value coordination could be improved by modifying grid premiums/discounts.
|Date of creation:||2004|
|Contact details of provider:|| Web page: http://www.agebb.missouri.edu/ncrext/ncr134/|
When requesting a correction, please mention this item's handle: RePEc:ags:ncrfou:19023. 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)
If references are entirely missing, you can add them using this form.