Delineation of geographic markets for fed cattle

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Show simple item record Schroeder, Ted C. 2010-09-02T21:05:24Z 2010-09-02T21:05:24Z 2010-09-02T21:05:24Z
dc.description.abstract Determining the extent of geographic markets for fed cattle is important for monitoring performance of the industry. The ability of packing plants to influence prices is determined in part by their ability to segment the market for fed cattle and isolate themselves from plants in other regions. This study analyzed transaction data from 43 U.S. steer and heifer slaughter plants collected by the Grain Inspection Packers and Stockyards Program for approximately a 1-year period during 1992-93. Beef packers procured an average of 64% of their cattle within 75 miles of packing plants, 82 % within 150 miles, and 92% within 250 miles. However, these average distances varied by region of the U.S. Prices were linked strongly across plants, suggesting a national market for fed cattle. This indicates that local measures of packing plant concentration overstate the degree of concentration among potential cattle buyers in the region. en_US
dc.publisher Kansas State University. Agricultural Experiment Station and Cooperative Extension Service en_US
dc.relation.isPartOf Cattlemen’s Day, 1997 en_US
dc.relation.isPartOf Kansas Agricultural Experiment Station contribution; no. 97-309-S en_US
dc.relation.isPartOf Report of progress (Kansas State University. Agricultural Experiment Station and Cooperative Extension Service); 783 en_US
dc.subject Beef en_US
dc.subject Geographic markets for cattle en_US
dc.subject Beef packers en_US
dc.subject Packer concentration en_US
dc.title Delineation of geographic markets for fed cattle en_US
dc.type Conference paper en_US 1997 en_US
dc.citation.epage 30 en_US
dc.citation.spage 29 en_US
dc.description.conference Cattlemen's Day, 1997, Kansas State University, Manhattan, KS, March 7, 1997 en_US
dc.contributor.authoreid tcs en_US

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