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Wholesale Demand For Usda Quality Graded Boxed Beef And Effects Of Seasonality

  • Lusk, Jayson L.
  • Marsh, Thomas L.

This study quantifies the differential in demand between different USDA quality grades of beef and the interaction between quality graded beef and other meats. We provide estimates of meat retailer own and cross price demand elasticities for USDA Choice and Select boxed beef. Results indicate that meat retailers have more elastic demand for lower quality graded beef. Seasonal analysis indicates demand for both beef quality grades becomes highly price inelastic during the summer “"cook-out"” months. The two beef quality grades are strong substitutes during the fall and winter. However, Select beef is not a substitute for Choice beef in the spring and summer.

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File URL: http://purl.umn.edu/36409
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Paper provided by Western Agricultural Economics Association in its series 2000 Annual Meeting, June 29-July 1, 2000, Vancouver, British Columbia with number 36409.

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Date of creation: 2000
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Handle: RePEc:ags:waeava:36409
Contact details of provider: Web page: http://waeaonline.org/

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  1. Thompson, Gary D. & Wilson, Paul N., 1999. "Market Demands For Bagged, Refrigerated Salads," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 24(02), December.
  2. Moschini, GianCarlo, 1988. "Model of Production with Supply Management for the Canadian Agricultural Sector, A," Staff General Research Papers 11269, Iowa State University, Department of Economics.
  3. Namken, Jerry C. & Farris, Donald E. & Capps, Oral, Jr., 1994. "The Demand For Wholesale Beef Cuts By Season And Trend," Journal of Food Distribution Research, Food Distribution Research Society, vol. 25(2), September.
  4. John D. Jackson, 1997. "Effects of Health Information and Generic Advertising on U.S. Meat Demand," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(1), pages 13-23.
  5. Hahn, William F. & Green, Richard D., 2000. "Joint Costs In Meat Retailing," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 25(01), July.
  6. Shon P. Williams & C. Richard Shumway, 1998. "Testing for Behavioral Objective and Aggregation Opportunities in U.S. Agricultural Data," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(1), pages 195-207.
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