Fed Cattle Geographic Market Delineation: Slaughter Plant and Firm Supply Response Analysis

Marvin Hayenga and Bingrong Jiang

No 285665, 1981-1999 Conference Archive from NCR-134/ NCCC-134 Applied Commodity Price Analysis, Forecasting, and Market Risk Management

Abstract: The beef packing plant and firm spot market purchase volume responsiveness to relative prices paid by potential competitors was estimated to serve as one element in determining the relevant geographic market for fed cattle. Plant transaction data for one year was used, and an average of two significant competitors was found for each plant and firm. Volume sensitivities to price changes were quite large. Data limitations did not allow examining longer lagged purchase volume responses to relative price differences.

Keywords: Marketing (search for similar items in EconPapers)
Date: 1996-04
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nc8191:285665

DOI: 10.22004/ag.econ.285665

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