FORWARD CONTRACT INFORMATION IMPACTS ON PRICING AND PRODUCTION EFFICIENCIES IN A SIMULATED FED CATTLE MARKET

Christopher T. Bastian, Stephen R. Koontz and Dale J. Menkhaus

No 36616, 2002 Annual Meeting, July 28-31, 2002, Long Beach, California from Western Agricultural Economics Association

Abstract: As policy makers strive to maintain competitiveness in agricultural markets, the impacts of altering market information sets must be evaluated. An experiment was designed to assess the price and production impacts of forward contract information. Results suggest that this information reduced price level and dispersion. Production efficiency was improved in the spot market.

Keywords: Livestock Production/Industries; Marketing (search for similar items in EconPapers)
Pages: 21
Date: 2002
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/36616/files/sp02ba03.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:waealb:36616

DOI: 10.22004/ag.econ.36616

Access Statistics for this paper

More papers in 2002 Annual Meeting, July 28-31, 2002, Long Beach, California from Western Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().