Valuing Public Price Reporting: The Iowa Experience

John D. Lawrence, John A. Shaffer and Marvin L. Hayenga

Journal of Agribusiness, 1996, vol. 14, issue 01, 18

Abstract: Auction market users and operators were surveyed regarding their source and use of livestock auction price information. Although important for marketing and to a lesser extent production decisions, only 30 percent preferred publicly reported prices over reports from market operators or other sources. The small share of market users willing to pay for public price reports suggests acceptable substitutes are available. Based on these results it is unlikely that user fees will be able to replace the current level of public support for auction market price reporting.

Keywords: Agribusiness; Demand and Price Analysis (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jloagb:90376

DOI: 10.22004/ag.econ.90376

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