IDEAS home Printed from https://ideas.repec.org/p/ags/waeafa/35673.html
   My bibliography  Save this paper

Factors Determining Profit For Fed Cattle Under A Value-Based Alliance

Author

Listed:
  • McDonald, R. Allen
  • Schroeder, Ted C.

Abstract

Data from a fed cattle alliance were used to determine the factors that effect variability in profits per head for fed cattle marketed under a grid pricing system. The feeder cattle cost and the base price used in the grid had the largest impact on profits per head over time.

Suggested Citation

  • McDonald, R. Allen & Schroeder, Ted C., 1999. "Factors Determining Profit For Fed Cattle Under A Value-Based Alliance," 1999 Annual Meeting, July 11-14, 1999, Fargo, ND 35673, Western Agricultural Economics Association.
    • Handle: RePEc:ags:waeafa:35673
    DOI: 10.22004/ag.econ.35673
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/35673/files/sp99mc02.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.35673?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Fausti, Scott W. & Feuz, Dillon M. & Wagner, John J., 1998. "Value Based Marketing For Fed Cattle: A Discussion Of The Issues," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 1(1), pages 1-18.
    2. Schroeder, Ted C. & Ward, Clement E. & Mintert, James & Peel, Derrell S., 1998. "Beef Industry Price Discovery: A Look Ahead," Staff Papers 232524, Virginia Polytechnic Institute and State University, Department of Agricultural and Applied Economics.
    3. Dillon M. Feuz & Scott W. Fausti & John J. Wagner, 1993. "Analysis of the efficiency of four marketing methods for slaughter cattle," Agribusiness, John Wiley & Sons, Ltd., vol. 9(5), pages 453-463.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. McDonald, R. Allen & Schroeder, Ted C., 2000. "Determinants Of Profit Variability In Fed Cattle Grid Pricing," 2000 Annual Meeting, June 29-July 1, 2000, Vancouver, British Columbia 36514, Western Agricultural Economics Association.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. 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.
    2. Fausti, Scott W. & Qasmi, Bashir A. & Diersen, Matthew A & Adamson, Bill, 2014. "Grid Valuation of Beef Carcass Quality: Market Power and Market Trends," Economics Staff Papers 171423, South Dakota State University, Department of Economics.
    3. Fausti, Scott W. & Qasmi, Bashir A. & Diersen, Matthew A., 2008. "Grid Marketing and Beef Carcass Quality: A Discussion of Issues and Trends," Economics Staff Papers 37149, South Dakota State University, Department of Economics.
    4. Fausti, Scott W. & Qasmi, Bashir A. & Diersen, Matthew A., 2008. "The Efficacy of the Grid Marketing Channel for Fed Cattle," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6884, Southern Agricultural Economics Association.
    5. Ardian Harri & John Michael Riley & John D. Anderson & Keith H. Coble, 2009. "Managing economic risk in value‐based marketing of fed cattle," Agricultural Economics, International Association of Agricultural Economists, vol. 40(3), pages 295-306, May.
    6. Fausti, Scott W. & Qasmi, Bashir A. & Wittig, T., 2001. "Grid Pricing For Fed Cattle: An Empirical Analysis," 2001 Annual meeting, August 5-8, Chicago, IL 20615, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. McDonald, R. Allen & Schroeder, Ted C., 2000. "Determinants Of Profit Variability In Fed Cattle Grid Pricing," 2000 Annual Meeting, June 29-July 1, 2000, Vancouver, British Columbia 36514, Western Agricultural Economics Association.
    8. Scott W. Fausti & Zhiguang Wang & Bashir A. Qasmi & Matthew A. Diersen, 2014. "Risk and marketing behavior: pricing fed cattle on a grid," Agricultural Economics, International Association of Agricultural Economists, vol. 45(5), pages 601-612, September.
    9. Scott W. Fausti & Matthew A. Diersen & Bashir A. Qasmi & Jing Li & Brent Lange, 2013. "The effect of animal gender on producer marketing behaviour," Applied Economics Letters, Taylor & Francis Journals, vol. 20(2), pages 180-185, February.
    10. Bodo E. Steiner, 2017. "A phenomenon-driven approach to the study of value creation and organizational design issues in agri-business value chains," Economia agro-alimentare, FrancoAngeli Editore, vol. 19(1), pages 89-118.
    11. Johnson, Heather C. & Ward, Clement E., 2006. "Impact of Beef Quality on Market Signals Transmitted by Grid Pricing," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 38(1), pages 1-14, April.
    12. Anderson, John D. & Zeuli, Kimberly A., 2001. "The Revenue Risk Of Value-Based Pricing For Fed Cattle: A Simulation Of Grid Vs. Average Pricing," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 4(3), pages 1-12.
    13. Fausti, Scott & Diersen, Matthew & Qasmi, Bashir & Adamson, Bill, 2015. "The Influence of Market Power and Market Trends on Grid Market Signals," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 40(1), pages 1-12.
    14. Fausti, Scott W. & Wang, Gerald & Diersen, Matthew A. & Qasmi, Bashir A., 2012. "Pricing Fed Cattle on a Grid: An Analysis of the Incentive Mechanism over Time," 2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama 119670, Southern Agricultural Economics Association.
    15. White, Brad J. & Anderson, John D., 2005. "Factor Price Disparity in the Feeder Cattle Market and Retained Ownership Decision Making: An Application of Farm-Level Feed-Out Data," 2005 Annual meeting, July 24-27, Providence, RI 19129, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    16. Scott W. Fausti & Zhiguang Wang & Bashir A. Qasmi & Matthew A. Diersen, 2014. "Risk and marketing behavior: pricing fed cattle on a grid," Agricultural Economics, International Association of Agricultural Economists, vol. 45(5), pages 601-612, September.
    17. Feuz, Dillon M., 1999. "Market Signals In Value Based Pricing Premiums And Discounts," 1999 Annual Meeting, July 11-14, 1999, Fargo, ND 35739, Western Agricultural Economics Association.
    18. Ferguson, Meagan & Anderson, John D., 2001. "Value Of Ultrasound-Based Predictions Of Carcass Quality Grade," 2001 Annual meeting, August 5-8, Chicago, IL 20620, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    19. Steiner, Bodo E., 2007. "Formal beef alliances and alignment challenges: issues in contracting, pricing and quality," Project Report Series 7709, University of Alberta, Department of Resource Economics and Environmental Sociology.
    20. Fausti, Scott W. & Diersen, Matthew A. & Qasmi, Bashir A. & Li, Jing, 2010. "Value-Based Marketing: A Discussion of Issues and Trends in the Slaughter Cattle Market," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 28(2), pages 1-22.

    More about this item

    Keywords

    Livestock Production/Industries;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:waeafa:35673. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/waeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.