Impacts from captive supplies on fed cattle transaction prices

Citation
Ce. Ward et al., Impacts from captive supplies on fed cattle transaction prices, J AGR RESOU, 23(2), 1998, pp. 494-514
Citations number
18
Categorie Soggetti
Agriculture/Agronomy,Economics
Journal title
JOURNAL OF AGRICULTURAL AND RESOURCE ECONOMICS
ISSN journal
10685502 → ACNP
Volume
23
Issue
2
Year of publication
1998
Pages
494 - 514
Database
ISI
SICI code
1068-5502(199812)23:2<494:IFCSOF>2.0.ZU;2-O
Abstract
Increased use of noncash-price procurement methods has concerned cattlemen for the past several years; This research estimated impacts of captive supp lies an transaction prices for fed cattle. Negative relationships were foun d between transaction prices and percentage deliveries from the inventory o f forward contracted and marketing agreement cattle. However, impacts from the absolute size of the total captive supply inventory were not significan t. Price differences were found among procurement methods with forward cont ract prices being much lower. On balance, captive supplies had small but of ten negative effects an fed cattle transaction prices.