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Kansas Agricultural Experiment Station Research Reports
1998; Beef; Grid pricing; Value-based pricing; Fed cattle prices
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Grid Pricing Of Fed Cattle, Ted C. Schroeder
Grid Pricing Of Fed Cattle, Ted C. Schroeder
Kansas Agricultural Experiment Station Research Reports
Pricing fed cattle on a value-based quality and yield grade grid provides the best opportunity for cattle producers to receive premiums associated with high quality cattle. However, grid discounts for cattle not desired by the particular packer are often quite substantial. Thus, cattle producers targeting cattle for specific grids need to have considerable knowledge regarding the quality attributes of their cattle. This study compared pricing of 202 pens of fed cattle on a live basis, a carcass (dressed) basis, and using four different packer grids. Results indicate that no single pricing method is optimal for all cattle. Producers need to …