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Measuring Leads And Lags Among Prices: Turkey Products

Author

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  • Bessler, David A.
  • Schrader, Lee F.

Abstract

The study applies the Haugh procedure for establishing Granger causal orderings among prices for whole turkeys and turkey parts Breast prices and a yield - weighted index of parts prices led tom prices by 1 day The reduction in uncertainty about tom prices in one period gained from knowledge of breast prices in the prior periods if of little economic significance Results for canner prices relative to parts prices are similar

Suggested Citation

  • Bessler, David A. & Schrader, Lee F., 1980. "Measuring Leads And Lags Among Prices: Turkey Products," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 32(3), pages 1-7, July.
    • Handle: RePEc:ags:uersja:148662
    DOI: 10.22004/ag.econ.148662
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    Citations

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    Cited by:

    1. Beaton, Norman J. & Pearson, Charles L., 1982. "Lead-Lag Structure Of Slaughter Hog Prices Between United States Midwest And Four Major Canadian Markets Utilizing Univariate Residual Cross-Correlation Technique," 1982 Annual Meeting, August 1-4, Logan, Utah 279206, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Grundmeier, Eric (Eric L.), 1989. "Formulation of a carcass cutout value: an alternative wholesale beef pricing method," ISU General Staff Papers 1989010108000017580, Iowa State University, Department of Economics.
    3. Owen, C. Jane & Sporleder, Thomas L. & Bessler, David A., 1991. "Fabricated Cut Beef Prices As Leading Indicators Of Fed Cattle Price," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 16(1), pages 1-7, July.
    4. Lasley, Floyd A. & Henson, William L. & Jones, Harold B., Jr., 1985. "The U.S. Turkey Industry," Agricultural Economic Reports 305705, United States Department of Agriculture, Economic Research Service.
    5. Veeman, Michele M. & Veeman, Terrence S. & Dong, X.Y. & Sivasangaram, M., 1989. "Macro-Economic Influences on Alberta Agriculture," Project Report Series 232073, University of Alberta, Department of Resource Economics and Environmental Sociology.
    6. Veeman, Michele M. & Veeman, Terrence S. & Sivasangaram, M. & Dong, X.Y., 1989. "Macro-Economic Influences On Alberta Farmland Values," Project Report Series 232072, University of Alberta, Department of Resource Economics and Environmental Sociology.

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