Fed dairy cattle market reporting: Changing marketing methods, regional variation, and hedonic modeling

Ted Schroeder, Glynn Tonsor and Brian K. Coffey

Agricultural and Resource Economics Review, 2024, vol. 53, issue 1, 1-19

Abstract: Fed dairy cattle represent an important and growing component of the U.S. fed cattle market. However, little is known about factors affecting fed dairy cattle transaction prices. This study analyzes confidential transaction-level data collected by United States Department of Agriculture Agricultural (USDA) Marketing Service (AMS) under Livestock Mandatory Reporting to determine how data collected for price reporting explains price variation. Hedonic models are developed to illustrate potential use to enhance fed dairy cattle price reporting. However, important price variation remains unexplained suggesting factors not available in AMS data are associated with fed dairy cattle price variation. We suggest AMS collect and utilize additional data to enhance price reporting.

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

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:cup:agrerw:v:53:y:2024:i:1:p:1-19_1

Access Statistics for this article

More articles in Agricultural and Resource Economics Review from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().