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Analysis of Feeder Pig Auction Price Differentials

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  • Ted C. Schroeder
  • John M. Jones
  • David A. Nichols

Abstract

Several physical characteristics are important in pricing feeder pigs. This study identifies and estimates the discounts associated with various characteristics. Weight, lot size, health and lot uniformity were important physical traits affecting feeder pig price differentials. In addition, time of sale, changes in expected finished hog prices and fluctuations in expected feeder costs of finishing the pigs had significant impacts on feeder pig prices over time.

Suggested Citation

  • Ted C. Schroeder & John M. Jones & David A. Nichols, 1989. "Analysis of Feeder Pig Auction Price Differentials," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 11(2), pages 253-263.
  • Handle: RePEc:oup:revage:v:11:y:1989:i:2:p:253-263.
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    File URL: http://hdl.handle.net/10.1093/aepp/11.2.253
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    References listed on IDEAS

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    1. Reid, Donald W. & Reed, Michael R., 1982. "An Analysis of the Southeastern Feeder Pig Market," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 14(2), pages 97-100, December.
    2. Faminow, Merle D. & Gum, Russell L., 1986. "Feeder Cattle Price Differentials In Arizona Auction Markets," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 11(2), pages 1-8, December.
    3. Sullivan, Gregory M. & Linton, Daniel A., 1981. "Economic Evaluation of an Alternative Marketing System For Feeder Cattle in Alabama," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 13(2), pages 85-89, December.
    4. Schroeder, Ted C. & Mintert, James R. & Brazle, Frank & Grunewald, Orlen C., 1988. "Factors Affecting Feeder Cattle Price Differentials," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 13(1), pages 1-11, July.
    5. Marvin L. Hayenga & Barbara S. Grisdale & Robert G. Kauffman & H. Russell Cross & Lauren L. Christian, 1985. "A Carcass Merit Pricing System for the Pork Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(2), pages 315-319.
    6. Hayenga, Marvin L. & Grisdale, Barbara & Kauffman, Robert G. & Cross, H. R. & Christian, Lauren L., 1985. "Carcass Merit Pricing Systems in the Pork Industry," Staff General Research Papers Archive 11308, Iowa State University, Department of Economics.
    7. Sullivan, Gregory M. & Linton, Daniel A., 1981. "Economic Evaluation Of An Alternative Marketing System For Feeder Cattle In Alabama," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 13(2), pages 1-5, December.
    8. Steven T. Buccola, 1982. "Price Trends at Livestock Auctions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(1), pages 63-69.
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    Cited by:

    1. Maynard, Leigh J. & Stoeppel, Kelly M., 2007. "Hedonic Price Analysis of Thoroughbred Broodmares in Foal," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 25(2), pages 1-15.

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