An Evaluation of Price Spread and Cost Component Estimates for Choice Beef and Pork

Karen D. Parham and Lawrence A. Duewer

No 276693, Staff Reports from United States Department of Agriculture, Economic Research Service

Abstract: Price spreads for beef and pork are a measure of the gross returns to tne marketing firms involved. Comparison with cost estimates for marketing indicates the general level of the profits realized. Evaluation of cost and returns data provide public information on the efficiency and equity of the meat marketing sector. This report examines tne history of price splau anu cost component estimates, evaluates cue accuracy and adequacy of the data, and suggests some alternative procedures. Available data allow some further improvement in estimating price spreads; but, more data are needed from marketing firms before cost components can be improved.

Keywords: Demand and Price Analysis; Food Consumption/Nutrition/Food Safety (search for similar items in EconPapers)
Pages: 34
Date: 1980-12
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerssr:276693

DOI: 10.22004/ag.econ.276693

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