GRID PRICING: VALUING CATTLE QUALITY INFORMATION

Grid pricing is increasingly prominent in cattle markets. This study compares selling 11,703 head of fed cattle using grid, live, and dressed weight pricing. Cattle sold on a grid had price variability twice that of live or dressed. Average pricing inefficiency by not selling cattle on a grid exceeded $30/head.


Issue Date:
1999
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/35663
Total Pages:
17
Series Statement:
Selected Paper of the 1999 Annual Meeting, July 11-14, 1999, Fargo, North Dakota




 Record created 2017-04-01, last modified 2017-08-25

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