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Price Determinants for Feeder Cattle in Tennessee

Author

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  • Martinez, Charles C.
  • Boyer, Christopher N.
  • Burdine, Kenneth H.

Abstract

A hedonic model was employed to examine factors impacting feeder cattle prices at a monthly video auction in Tennessee. Home-raised cattle were estimated to have a $2 per cwt. premium and cattle that have been tested for PI-BVDV (persistent infections with bovine viral diarrhea virus) sold for a premium of $1.19 per cwt. We also show how price varies across sale months for steers and heifers, suggesting opportune times to market gender-specific lots. Corn price was interacted with an average weight per head of the lot to show that lighter cattle were negatively affected, while heavier cattle prices were positively affected by increasing corn prices.

Suggested Citation

  • Martinez, Charles C. & Boyer, Christopher N. & Burdine, Kenneth H., 2021. "Price Determinants for Feeder Cattle in Tennessee," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 53(4), pages 552-562, November.
    • Handle: RePEc:cup:jagaec:v:53:y:2021:i:4:p:552-562_5
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    Cited by:

    1. Augusto Hauber Gameiro, 2022. "Factors Defining Prices of Finished Cattle in Mato Grosso Contrasted Within Brazil’s Pricing Structure," Journal of Agricultural Studies, Macrothink Institute, vol. 10(4), pages 218-235, December.
    2. Samper, Bailey A. & Koziol, Jennifer H. & Williams, Ryan B., . "The Economics of Bovine Viral Diarrhea Virus Control in US Cow-Calf Production," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 49(2).

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