Video market data for calves and yearlings confirms price discounts for Western cattle
Author(s) -
Steven C. Blank,
Larry Forero,
Glenn Nader
Publication year - 2008
Publication title -
california agriculture
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.472
H-Index - 25
eISSN - 2160-8091
pISSN - 0008-0845
DOI - 10.3733/ca.v063n04p225
Subject(s) - value (mathematics) , quality (philosophy) , business , agricultural economics , agricultural science , feeder cattle , production (economics) , economics , microeconomics , biology , mathematics , statistics , philosophy , epistemology
We used 11 years of data from video auction sales across the western United States to address two long-standing questions posed by California cattle ranchers. First, as expected, ranchers receive lower prices for cattle sold here compared to prices received by ranchers in the Midwest. Second, some (but not all) “value-adding” production and marketing practices raise prices received by ranchers. We report the average amount of location discounts and quality premiums for several market regions.
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