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Valuing Fed Cattle Using Slice Shear Force Measurements

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  • Riley, John Michael
  • Schroeder, Ted C.
  • Wheeler, Tommy L.

Abstract

Marketing fed cattle using grid pricing has become a popluar way to sell cattle. One of the most important beef characteristics, according to consumers, is beef tenderness. USDA quality grades are poor predictors of meat tenderness. However, mechanical shear force does objectively measure tenderness. This study illustrates how problematic USDA quality grades are at assessing accurate beef tenderness and proposes and evaluates a tenderness-based valuation system based on slice shear force technology. We show that cattle of all quality grades are substantially over- or under-valued when using a grid realtive to a tenderness-based valuation system.

Suggested Citation

  • Riley, John Michael & Schroeder, Ted C. & Wheeler, Tommy L., 2005. "Valuing Fed Cattle Using Slice Shear Force Measurements," 2005 Annual Meeting, July 6-8, 2005, San Francisco, California 36313, Western Agricultural Economics Association.
    • Handle: RePEc:ags:waeasa:36313
    DOI: 10.22004/ag.econ.36313
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    File URL: https://ageconsearch.umn.edu/record/36313/files/sp05ri01.pdf
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    References listed on IDEAS

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    1. Lusk, Jayson & Fox, John & Schroeder, Ted & Mintert, James & Koohmaraie, Mohammad, 1999. "Will Consumers Pay for Guaranteed Tender Steak?," Staff Papers 232530, Virginia Polytechnic Institute and State University, Department of Agricultural and Applied Economics.
    2. Kovanda, Joseph T. & Schroeder, Ted C. & Wheeler, Tommy L., 2004. "Accuracy Of Grid Pricing: An Evaluation Using Wholesale Values Of Fed Cattle," 2004 Conference, April 19-20, 2004, St. Louis, Missouri 19023, NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management.
    3. Lusk, Jayson L. & Marsh, Thomas L. & Schroeder, Ted C. & Fox, John A., 2001. "Wholesale Demand For Usda Quality Graded Boxed Beef And Effects Of Seasonality," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(01), pages 1-16, July.
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    1. Parcell, Joseph L. & Schaefer, Daniel & Patterson, David J. & John, Mike & Kerley, Monty S. & Haden, Kent, 2008. "Assessing the Value of Coordinated Sire Genetics in a Synchronized AI Program," 2008 Conference, April 21-22, 2008, St. Louis, Missouri 37618, NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management.

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