Price-weight relationships for feeder cattle

Citation
Kc. Dhuyvetter et Tc. Schroeder, Price-weight relationships for feeder cattle, CAN J AG EC, 48(3), 2000, pp. 299-310
Citations number
19
Categorie Soggetti
Agriculture/Agronomy
Journal title
CANADIAN JOURNAL OF AGRICULTURAL ECONOMICS-REVUE CANADIENNE D AGROECONOMIE
ISSN journal
00083976 → ACNP
Volume
48
Issue
3
Year of publication
2000
Pages
299 - 310
Database
ISI
SICI code
0008-3976(200011)48:3<299:PRFFC>2.0.ZU;2-7
Abstract
Feeder cattle prices are determined by the interaction of numerous factors. As economic conditions change over time, price differentials associated wi th feeder cattle weight vary. This study analyzes transactions data on 46 0 81 pens of feeder cattle over a 10-year period Results indicate that fed-ca ttle futures prices and cent prices are important determinants of price-wei ght relationships for feeder cattle. Time of year, recent feeding margins a nd sex of feeder. cattle have moderate impacts on the price-weight relation ship (i.e., price slides). Coefficient of variation for fed cattle and corn prices have economically unimportant impacts on price relationships. Resul ts of this model can be used to assess feeder cattle price relationships ac ross weights as fed cattle and cent prices vary.