IMPACTS FROM CAPTIVE SUPPLIES ON FED CATTLE TRANSACTION PRICES

Increased use of noncash-price procurement methods has concerned cattlemen for the past several years. This research estimated impacts of captive supplies on transaction prices for fed cattle. Negative relationships were found between transaction prices and percentage deliveries from the inventory of forward contracted and marketing agreement cattle. However, impacts from the absolute size of the total captive supply inventory were not significant. Price differences were found among procurement methods with forward contract prices being much lower. On balance, captive supplies had small but often negative effects on fed cattle transaction prices.


Issue Date:
1998-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/31205
Published in:
Journal of Agricultural and Resource Economics, Volume 23, Number 2
Page range:
494-514
Total Pages:
21




 Record created 2017-04-01, last modified 2017-04-04

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