The Importance of Inventory in Short-Run Beef Market Analysis

Kevin J. Bacon, James N. Trapp and Steven Meyer

No 285594, 1981-1999 Conference Archive from NCR-134/ NCCC-134 Applied Commodity Price Analysis, Forecasting, and Market Risk Management

Abstract: This study of presents evidence that inventories of market ready fed cattle (showlists) have a stronger influence on weekly slaughter cattle prices than do slaughter levels. Three data sources were used to test the relative correlation strength between showlist and price versus slaughter and price. These sources were: a) output from a fed beef market experiential learning simulator; b) publicly reported data; and c) private data from feedlot closeout records.

Keywords: Marketing (search for similar items in EconPapers)
Date: 1993-04
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nc8191:285594

DOI: 10.22004/ag.econ.285594

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