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An Evaluation of Price Spread and Cost Component Estimates for Choice Beef and Pork

Author

Listed:
  • Parham, Karen D.
  • Duewer, Lawrence A.

Abstract

Price spreads for beef and pork are a measure of the gross returns to tne marketing firms involved. Comparison with cost estimates for marketing indicates the general level of the profits realized. Evaluation of cost and returns data provide public information on the efficiency and equity of the meat marketing sector. This report examines tne history of price splau anu cost component estimates, evaluates cue accuracy and adequacy of the data, and suggests some alternative procedures. Available data allow some further improvement in estimating price spreads; but, more data are needed from marketing firms before cost components can be improved.

Suggested Citation

  • Parham, Karen D. & Duewer, Lawrence A., 1980. "An Evaluation of Price Spread and Cost Component Estimates for Choice Beef and Pork," Staff Reports 276693, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:276693
    DOI: 10.22004/ag.econ.276693
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    File URL: https://ageconsearch.umn.edu/record/276693/files/ers-report-009.pdf
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    Citations

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    Cited by:

    1. Grundmeier, Eric (Eric L.), 1989. "Formulation of a carcass cutout value: an alternative wholesale beef pricing method," ISU General Staff Papers 1989010108000017580, Iowa State University, Department of Economics.
    2. Ted C. Schroeder, 1988. "Price linkages between wholesale and retail pork cuts," Agribusiness, John Wiley & Sons, Ltd., vol. 4(4), pages 359-369.

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