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Inter-Firm Differences in Fed Cattle Prices in the Southern Plains

Clement E. Ward

American Journal of Agricultural Economics, 1992, vol. 74, issue 2, 480-485

Abstract: Pooled cross-section time-series data were used to assess inter-firm differences in fed cattle prices paid by southern plains meatpackers during June 1989. Significant price differences were found among packers, even after accounting for numerous factors affecting fed cattle value. Some buyers paid higher prices and some lower prices than did one of the three largest packers. As a group, the Big Three firms paid lower prices than did smaller firms, both in the southern plains as a whole and in three of its subregions.

Date: 1992
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