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Analysis of Feeder Pig Auction Price Differentials
Author(s) -
Schroeder Ted C.,
Jones John M.,
Nichols David A.
Publication year - 1989
Publication title -
applied economic perspectives and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.4
H-Index - 49
eISSN - 2040-5804
pISSN - 2040-5790
DOI - 10.1093/aepp/11.2.253
Subject(s) - feeder cattle , economics , business , agricultural economics , agricultural science , biology
Several physical characteristics are important in pricing feeder pigs. This study identifies and estimates the discounts associated with various characteristics. Weight, lot size, health and lot uniformity were important physical traits affecting feeder pig price differentials. In addition, time of sale, changes in expected finished hog prices and fluctuations in expected feeder costs of finishing the pigs had significant impacts on feeder pig prices over time.