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Relationships Between Market Price Signals and Production Management: The Case of Fed Beef

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  • Outlaw, Joe L.
  • Anderson, David P.
  • Padberg, Daniel I.

Abstract

The beef industry in the United States consists of several distinct production levels ranging from the cow-calf producer at the lowest level to the final consumer. These sectors face varying levels of profitability, degrees of market power, conflicting goals, and price signals. Environmental regulations involve questions of what costs are involved, who is in a position to pay these costs, and whether market prices are capable of signaling different environmental practices. Understanding the relationships within the beef industry may allow researchers to fine-tune analyses of environmental issues in the beef industry.

Suggested Citation

  • Outlaw, Joe L. & Anderson, David P. & Padberg, Daniel I., 1997. "Relationships Between Market Price Signals and Production Management: The Case of Fed Beef," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 29(1), pages 37-44, July.
    • Handle: RePEc:cup:jagaec:v:29:y:1997:i:01:p:37-44_00
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    References listed on IDEAS

    as
    1. Padberg, Daniel I. & Knutson, Ronald D. & Jafri, S.H.A., 1993. "Retail Food Pricing: Horizontal And Vertical Determinants," Journal of Food Distribution Research, Food Distribution Research Society, vol. 24(1), pages 1-12, February.
    2. Ervin, David E. & Graffy, Elisabeth A., 1996. "Leaner Environmental Policies for Agriculture," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 11(4), pages 1-7.
    3. Bryan E. Melton & W. Arden Colette & Richard L. Willham, 1994. "Imputing Input Characteristic Values from Optimal Commercial Breed or Variety Choice Decisions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(3), pages 478-491.
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    Cited by:

    1. Unterschultz, James R., 2000. "New Instruments For Co-Ordination And Risk Sharing Within The Canadian Beef Industry," Project Report Series 24046, University of Alberta, Department of Resource Economics and Environmental Sociology.
    2. Pruitt, J. Ross & Gillespie, Jeffrey M. & Nehring, Richard F. & Qushim, Berdikul, 2012. "Adoption of Technology, Management Practices, and Production Systems by U.S. Beef Cow-Calf Producers," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 44(2), pages 203-222, May.
    3. Schulz, Lee L. & Schroeder, Ted C. & White, Katharine L., 2012. "Value of Beef Steak Branding: Hedonic Analysis of Retail Scanner Data," Agricultural and Resource Economics Review, Cambridge University Press, vol. 41(2), pages 260-273, August.
    4. Wasylyniuk, Chad R. & Bessel, Kristan M. & Kerr, William A. & Hobbs, Jill E., 2003. "The Evolving International Trade Regime For Food Safety And Environmental Standards: Potential Opportunities And Constraints For Saskatchewan'S Beef Feedlot Industry," Reports 23937, Estey Centre for Law and Economics in International Trade.

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