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Estimating the Value of Source Verification in Iowa Feeder Cattle Markets

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  • Yeboah, Godfred
  • Lawrence, John D.

Abstract

Source verification and pooling of feeder cattle into larger lots resulted in higher selling prices compared to more typical sales at a southern Iowa auction market. After higher prices due to larger lot sizes were accounted for, cattle that received a specified management program and were source verified as to origin received additional price premiums. The data do not distinguish between the value of the specific management program and the value of the source verification process. However, cow-calf producers participating in the program took home more money. This report continues a study published in the 2000 Beef Research Report by the same title. The previous study examined data collected in the years 1997-1998; this study examines data collected in the first study plus data collected in 1999-2000.

Suggested Citation

  • Yeboah, Godfred & Lawrence, John D., 2001. "Estimating the Value of Source Verification in Iowa Feeder Cattle Markets," Staff General Research Papers Archive 2029, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genres:2029
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    Cited by:

    1. Brent Hueth & John D. Lawrence, 2002. "Quality Management and Information Transmission in Cattle Markets: A Case Study of the Chariton Valley Beef Alliance," Midwest Agribusiness Trade Research and Information Center (MATRIC) Publications (archive only) 02-bp40, Center for Agricultural and Rural Development (CARD) at Iowa State University.

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