GRID PRICING: VALUING CATTLE QUALITY INFORMATION

Ted Schroeder and Jennifer L. Graff

No 35663, 1999 Annual Meeting, July 11-14, 1999, Fargo, ND from Western Agricultural Economics Association

Abstract: Grid pricing is increasingly prominent in cattle markets. This study compares selling 11,703 head of fed cattle using grid, live, and dressed weight pricing. Cattle sold on a grid had price variability twice that of live or dressed. Average pricing inefficiency by not selling cattle on a grid exceeded $30/head.

Keywords: Demand and Price Analysis; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 17
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ags:waeafa:35663

DOI: 10.22004/ag.econ.35663

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