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Factors Affecting Feedlots' Decisions On Cattle Marketing Options: A National Study, Charlotte Owusu-Smart
Factors Affecting Feedlots' Decisions On Cattle Marketing Options: A National Study, Charlotte Owusu-Smart
Electronic Theses and Dissertations
This thesis investigates the economic implication of changing slaughter volume patterns across the cash and contract markets in the US cattle industry. Weekly time series data that spans from November 2002 to December 2015 was used in the analysis. Empirical evidence suggests that Mandatory Price Reporting (MPR) played an important role in changing slaughter volumes across the cash and contract markets. Additionally, price of feeder cattle, cattle quality characteristics (Choice-Select spread and the percentage of animals grading choice or better) among others influence feedlots’ decision to use a particular marketing arrangement.