ANALYSIS OF MARKETING MARGINS IN THE U.S. LAMB INDUSTRY

Factors affecting marketing margins were identified and assessed using a relative price spread technique. Margins were disaggregated into slaughter-to-wholesale and wholesale-to-retail for a more complete understanding. Marketing costs, concentration, demand, and price were used to explain variations within these margins. Results showed that packer concentration had a significant effect on margins. Forces of supply and demand (as represented by production and market price) and changes in marketing costs also explained the variation in margins. A higher degree of price transmission from slaughter-to-wholesale level was observed in comparison to the wholesale-to-retail level.


Subject(s):
Issue Date:
1995-10
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/31582
Published in:
Agricultural and Resource Economics Review, Volume 24, Number 2
Page range:
232-240
Total Pages:
9




 Record created 2017-04-01, last modified 2017-08-24

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)