Differences in Prices and Price Risk across Alternative Marketing Arrangements Used in the Fed Cattle Industry

Information on prices and price risk differences across marketing arrangements aids fed cattle producers in making choices about marketing methods. As part of the congressionally mandated Livestock and Meat Marketing Study, we investigated fed cattle price and price risk differences across marketing...

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Main Authors: Muth, Mary K., Liu, Yanyan, Koontz, Stephen R., Lawrence, John D.
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4792
id okr-10986-4792
recordtype oai_dc
spelling okr-10986-47922021-04-23T14:02:19Z Differences in Prices and Price Risk across Alternative Marketing Arrangements Used in the Fed Cattle Industry Muth, Mary K. Liu, Yanyan Koontz, Stephen R. Lawrence, John D. Information and Market Efficiency Event Studies G140 Agricultural Markets and Marketing Cooperatives Agribusiness Q130 Information on prices and price risk differences across marketing arrangements aids fed cattle producers in making choices about marketing methods. As part of the congressionally mandated Livestock and Meat Marketing Study, we investigated fed cattle price and price risk differences across marketing arrangements. The analysis uses data representing cattle purchased by 29 large beef packing plants from October 2002 through March 2005. Results indicate that marketing agreements offered the best tradeoff between price level and price risk. Forward contracts had the lowest average yet highly volatile prices. Auction barn prices were higher than other methods but also the most volatile. 2012-03-30T07:29:46Z 2012-03-30T07:29:46Z 2008 Journal Article Journal of Agricultural and Resource Economics 10685502 http://hdl.handle.net/10986/4792 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Information and Market Efficiency
Event Studies G140
Agricultural Markets and Marketing
Cooperatives
Agribusiness Q130
spellingShingle Information and Market Efficiency
Event Studies G140
Agricultural Markets and Marketing
Cooperatives
Agribusiness Q130
Muth, Mary K.
Liu, Yanyan
Koontz, Stephen R.
Lawrence, John D.
Differences in Prices and Price Risk across Alternative Marketing Arrangements Used in the Fed Cattle Industry
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description Information on prices and price risk differences across marketing arrangements aids fed cattle producers in making choices about marketing methods. As part of the congressionally mandated Livestock and Meat Marketing Study, we investigated fed cattle price and price risk differences across marketing arrangements. The analysis uses data representing cattle purchased by 29 large beef packing plants from October 2002 through March 2005. Results indicate that marketing agreements offered the best tradeoff between price level and price risk. Forward contracts had the lowest average yet highly volatile prices. Auction barn prices were higher than other methods but also the most volatile.
format Journal Article
author Muth, Mary K.
Liu, Yanyan
Koontz, Stephen R.
Lawrence, John D.
author_facet Muth, Mary K.
Liu, Yanyan
Koontz, Stephen R.
Lawrence, John D.
author_sort Muth, Mary K.
title Differences in Prices and Price Risk across Alternative Marketing Arrangements Used in the Fed Cattle Industry
title_short Differences in Prices and Price Risk across Alternative Marketing Arrangements Used in the Fed Cattle Industry
title_full Differences in Prices and Price Risk across Alternative Marketing Arrangements Used in the Fed Cattle Industry
title_fullStr Differences in Prices and Price Risk across Alternative Marketing Arrangements Used in the Fed Cattle Industry
title_full_unstemmed Differences in Prices and Price Risk across Alternative Marketing Arrangements Used in the Fed Cattle Industry
title_sort differences in prices and price risk across alternative marketing arrangements used in the fed cattle industry
publishDate 2012
url http://hdl.handle.net/10986/4792
_version_ 1764392780619055104