Factors Affecting Preconditioned Calf Price Premiums: Does Potential Buyer Competition and Seller Reputation Matter?

Lee Schulz, Kevin Dhuyvetter () and Beth E. Doran

ISU General Staff Papers from Iowa State University, Department of Economics

Abstract: Feeder-calf prices are determined by the interaction of many factors. This study uses transaction data from Iowa preconditioned and regular feeder-calf auction sales to quantify the impact of a wide variety of factors, several of which have not been used in previous studies on feeder-calf prices. Notably, market premiums for preconditioned sales versus regular sales, feedlot capacity utilization, and seller reputation are found to be significant factors affecting feeder-calf prices. Estimated coefficients are then used to predict prices to demonstrate how this information can be used in making management and marketing decisions.

Date: 2015-05-01
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Journal Article: Factors Affecting Preconditioned Calf Price Premiums: Does Potential Buyer Competition and Seller Reputation Matter? (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:isu:genstf:201505010700001051

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