Effects of Meat Recalls on Futures Market Prices

Ted Schroeder and Jayson Lusk

Agricultural and Resource Economics Review, 2002, vol. 31, issue 01, 12

Abstract: The number of meat recalls has increased markedly in recent years. This research examines the impact of beef and pork recall announcements on nearby daily live cattle and lean hog futures market prices, respectively. Results indicate medium-sized beef recalls that are of serious health concerns have a marginally negative impact on short-term live cattle futures prices. However, results are not robust across recall size and severity. This research suggests that if there is any systematic change in cattle and hog demand due to meat recalls, it likely occurs over an extended period of time and only in certain cases does it noticeably affect daily futures prices.

Keywords: Agribusiness; Food Consumption/Nutrition/Food Safety (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (31)

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https://ageconsearch.umn.edu/record/31477/files/31010047.pdf (application/pdf)

Related works:
Journal Article: Effects of Meat Recalls on Futures Market Prices (2002)
Working Paper: EFFECTS OF MEAT RECALLS ON FUTURES MARKET PRICES (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:arerjl:31477

DOI: 10.22004/ag.econ.31477

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