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Factors Affecting Feeder Cattle Prices in the Southeast

Author

Listed:
  • Burdine, Kenneth H.
  • Maynard, Leigh J.
  • Halich, Greg

Abstract

This work examines feeder cattle pricing factors from internet auctions and preconditioned feeder calf sales. In addition to examining traditional pricing factors, factors were also examined relating to the marketing conditions and characteristics of the feeder cattle sold. A negative relationship was found to exist between corn and feeder cattle price, with some evidence that the magnitude may be smaller than in previous work. Value-added premiums were moderate, roughly $11 per head for age and source verification and $17 per head for certified natural. Evidence was also found that market conditions may have shifted such that the incentive to underestimate weight in video auctions may no longer exist.

Suggested Citation

  • 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.
    • Handle: RePEc:ags:saea13:142976
    DOI: 10.22004/ag.econ.142976
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    File URL: https://ageconsearch.umn.edu/record/142976/files/SAEA%20Feeder%20Cattle%20Prices%20Souteast.pdf
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    References listed on IDEAS

    as
    1. Brorsen, B. Wade & Coulibaly, Nouhoun & Richter, Francisca G.-C. & Bailey, DeeVon, 2001. "Feeder Cattle Price Slides," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(1), pages 1-18, July.
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    3. Williams, Galen S. & Raper, Kellie Curry & DeVuyst, Eric A. & Peel, Derrell S. & McKinney, Doug, 2012. "Determinants of Price Differentials in Oklahoma Value-Added Feeder Cattle Auctions," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 37(1), pages 1-14, April.
    4. Bulut, Harun & Lawrence, John D., 2007. "The Value of Third-Party Certification of Preconditioning Claims at Iowa Feeder Cattle Auctions," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 39(3), pages 625-640, December.
    5. Anderson, John D. & Trapp, James N., 2000. "The Dynamics Of Feeder Cattle Market Responses To Corn Price Change," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 32(3), pages 1-13, December.
    6. repec:ags:jrapmc:122309 is not listed on IDEAS
    7. 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).
    8. 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.
    9. Steven T. Buccola, 1980. "An Approach to the Analysis of Feeder Cattle Price Differentials," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 62(3), pages 574-580.
    10. Zimmerman, Lance C. & Schroeder, Ted C. & Dhuyvetter, Kevin C. & Olson, K.C. & Stokka, Gerald L. & Seeger, Jon T. & Grotelueschen, Dale M., 2012. "The Effect of Value-Added Management on Calf Prices at Superior Livestock Auction Video Markets," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 37(1), pages 1-16, April.
    11. 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.
    12. Donnell, Jeri & Ward, Clement E., 2008. "Cost and Benefit Analysis of a Preconditioning Feeder Calf Program," 2008 Annual Meeting, June 23-24, 2008, Big Sky, Montana 42303, Western Agricultural Economics Association.
    Full references (including those not matched with items on IDEAS)

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