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Issues And Options Related To The Reporting And Analysis Of Retail Prices And Price Spreads For Beef

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  • Commodity Economics Division

Abstract

Retail prices and price spreads for Choice beef have been published by USDA for over 50 years. These data are of interest to a wide range of groups, including market participants, consumers, researchers, and policymakers. The marketing of beef has changed dramatically over the past 20-30 years, resulting in changes in the mix of beef products being sold. As a consequence, conceptual price measurement problems have been raised regarding the validity of procedures used to drive retail prices and price spreads for beef. This report discusses some of the issues regarding the current reporting of retail beef prices and price spreads and presents options for adapting current procedures to reflect changes in product mixand marketing practices for beef.

Suggested Citation

  • Commodity Economics Division, 1988. "Issues And Options Related To The Reporting And Analysis Of Retail Prices And Price Spreads For Beef," Staff Reports 277999, United States Department of Agriculture, Economic Research Service.
  • Handle: RePEc:ags:uerssr:277999
    DOI: 10.22004/ag.econ.277999
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    File URL: https://ageconsearch.umn.edu/record/277999/files/ers-report-328.pdf
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    References listed on IDEAS

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    1. Dunham, Denis, 1984. "Food Cost Review, 1983," Agricultural Economic Reports 305298, United States Department of Agriculture, Economic Research Service.
    2. Dunham, Denis, 1985. "Food Cost Review, 1984," Agricultural Economic Reports 305719, United States Department of Agriculture, Economic Research Service.
    3. Bruce L. Gardner, 1975. "The Farm-Retail Price Spread in a Competitive Food Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(3), pages 399-409.
    4. Scott, Forrest E. & Badger, Henry T., 1972. "Farm-Retail Spreads for Food Products," Miscellaneous Publications 312505, United States Department of Agriculture, Economic Research Service.
    5. Been, Richard O., 1949. "Price Spreads Between Farmers and Consumers," Agricultural Information Bulletins 308491, United States Department of Agriculture, Economic Research Service.
    6. King, Richard A., 1976. "Transmission Of Week-To-Week Changes In Choice Beef Prices Between Farm, Carcass And Retail Levels," 1976 Annual Meeting, August 15-18, State College, Pennsylvania 283998, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. R. McFall Lamm & Paul C. Westcott, 1981. "The Effects of Changing Input Costs on Food Prices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(2), pages 187-196.
    8. Brester, Gary W. & Marsh, John M., 1983. "A Statistical Model Of The Primary And Derived Market Levels In The U.S. Beef Industry," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 8(01), pages 1-16, July.
    9. Duewer, Lawrence A., 1969. "Revised Price Spreads for Beef and Pork," Miscellaneous Publications 322761, United States Department of Agriculture, Economic Research Service.
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