REGIONAL FED CATTLE PRICE DYNAMICS

Ted Schroeder and Barry Goodwin ()

Western Journal of Agricultural Economics, 1990, vol. 15, issue 01, 12

Abstract: The lead-lag relationships present in the regional price discovery process are important indicators of market performance. Differences across markets in the speed of adjustment to evolving information may have implications for pricing efficiency within these markets. This study estimates intertemporal price relationships among 11 regional slaughter cattle markets. Larger volume markets, located in the major cattle feeding regions, were the dominant price discovery locations. Price adjustments across markets were complete in one to two weeks in the large volume markets located relatively close to each other and in two to three weeks in the more remote, smaller volume markets.

Keywords: Demand and Price Analysis; Livestock Production/Industries (search for similar items in EconPapers)
Date: 1990
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17)

Downloads: (external link)
https://ageconsearch.umn.edu/record/32506/files/15010111.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:wjagec:32506

DOI: 10.22004/ag.econ.32506

Access Statistics for this article

More articles in Western Journal of Agricultural Economics from Western Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().