IDEAS home Printed from https://ideas.repec.org/a/cup/jagaec/v54y2022i3p531-547_8.html
   My bibliography  Save this article

The Thinning Cash Cattle Market: Evaluating Sample Size, Policy Prescriptions, and Pricing Proxies

Author

Listed:
  • Brester, Gary W.
  • Swanser, Kole
  • Crosby, Brett

Abstract

Many cattle producers and producer organizations are concerned that the live cattle negotiated market has become too thin. The percentage of live cattle procured through direct negotiations has declined below 20%, while the percentage procured through formulas has increased to more than 60%. Most formulas are based on directly negotiated cattle prices. Proposed legislation mandating that a larger percentage of live cattle be procured through negotiations represents a market intervention. We show that live cattle futures prices are good proxies for negotiated cash prices, while being less restrictive for meeting proposed cash cattle procurement percentage requirements.

Suggested Citation

  • Brester, Gary W. & Swanser, Kole & Crosby, Brett, 2022. "The Thinning Cash Cattle Market: Evaluating Sample Size, Policy Prescriptions, and Pricing Proxies," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 54(3), pages 531-547, August.
    • Handle: RePEc:cup:jagaec:v:54:y:2022:i:3:p:531-547_8
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1074070822000244/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:jagaec:v:54:y:2022:i:3:p:531-547_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/aae .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.