DYNAMICS OF REGIONAL FED CATTLE PRICES

The dynamic relationship between four regional cash prices for fed (slaughter) cattle is investigated using time series analysis and causality tests. The results indicate that price adjustments to new information take about one week. Texas Panhandle price also was determined to dominate the price discovery process. Regional prices also were found to be interdependent. This suggests that increasing regional meat packer concentration may not grant meat packers increased regional market power in their pricing practices.


Issue Date:
1985-07
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/32512
Published in:
Western Journal of Agricultural Economics, Volume 10, Number 1
Page range:
126-133
Total Pages:
8




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

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