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Understanding The Market For Holstein Steers

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  • Burdine, Kenneth H.
  • Meyer, A. Lee
  • Maynard, Leigh J.

Abstract

A semi-structured interview process was combined with an econometric analysis to document the newly changed structure of the Holstein sector, to evaluate existing quality perceptions, and to assess the impact that recent changes in production practices have had on prices of Holstein steers. Results suggest that finished Holstein steer prices are driven by many of the same market factors as native steers, overturning some common quality misconceptions. The shift towards the calf-fed production model appears to have greatly affected the market for backgrounded Holstein steers, but had little impact on the prices for light Holstein feeder steers.

Suggested Citation

  • Burdine, Kenneth H. & Meyer, A. Lee & Maynard, Leigh J., 2004. "Understanding The Market For Holstein Steers," 2004 Annual meeting, August 1-4, Denver, CO 20230, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea04:20230
    DOI: 10.22004/ag.econ.20230
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    References listed on IDEAS

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    1. Kevin C. Dhuyvetter & Ted C. Schroeder, 2000. "Price-Weight Relationships for Feeder Cattle," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 48(3), pages 299-310, November.
    2. Parcell, Joe L. & Schroeder, Ted C. & Dhuyvetter, Kevin C., 2000. "Factors Affecting Live Cattle Basis," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 32(3), pages 531-541, December.
    3. Kastens, Terry L. & Jones, Rodney D. & Schroeder, Ted C., 1998. "Futures-Based Price Forecasts For Agricultural Producers And Businesses," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 23(01), pages 1-14, July.
    4. Brian L. Buhr, 1996. "Hedging Holstein Steers in the Live Cattle Futures Market," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 18(1), pages 103-114.
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    1. Burdine, Kenneth H. & Maynard, Leigh J. & Halich, Greg, "undated". "Factors Affecting Feeder Cattle Prices in the Southeast," 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 142976, Southern Agricultural Economics Association.

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    Keywords

    Livestock Production/Industries; Marketing;

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