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- Title
Western cattle prices vary across video markets and value-adding programs.
- Authors
Blank, Steven C.; Boriss, Hayley; Forero, Larry; Nader, Glenn
- Abstract
We analyzed video auction sales in the western United States from 1997 to 2003, in an attempt to answer two long-standing questions about the economics of cattle ranching in California. First, as expected, ranchers received lower prices for cattle sold here compared to prices received by ranchers in the Midwest; this is due to the cost of transporting cattle to Midwestern feedlots. Second, some (but not all) "value-adding" production and marketing practices — such as preconditioning, Quality Assurance Programs and natural beef production — did raise prices received by ranchers. We report on the average location discounts and premiums for several market regions.
- Subjects
RANCHING; CATTLE prices; RANCHERS; AUCTIONS; PRICING
- Publication
California Agriculture, 2006, Vol 60, Issue 3, p160
- ISSN
0008-0845
- Publication type
Article
- DOI
10.3733/ca.v060n03p160