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Grid Pricing: Valuing Cattle Quality Information

Author

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  • Schroeder, Ted C.
  • Graff, Jennifer L.

Abstract

Grid pricing is increasingly prominent in cattle markets. This study compares selling 11,703 head of fed cattle using grid, live, and dressed weight pricing. Cattle sold on a grid had price variability twice that of live or dressed. Average pricing inefficiency by not selling cattle on a grid exceeded $30/head.

Suggested Citation

  • Schroeder, Ted C. & Graff, Jennifer L., 1999. "Grid Pricing: Valuing Cattle Quality Information," 1999 Annual Meeting, July 11-14, 1999, Fargo, ND 35663, Western Agricultural Economics Association.
    • Handle: RePEc:ags:waeafa:35663
    DOI: 10.22004/ag.econ.35663
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    References listed on IDEAS

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    6. Ward, Clement E. & Feuz, Dillon M. & Schroeder, Ted C., 1999. "Formula Pricing and Grid Pricing Fed Cattle: Implications for Price Discovery and Variability," Staff Papers 232528, Virginia Polytechnic Institute and State University, Department of Agricultural and Applied Economics.
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