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Life Sciences Commons

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Other Animal Sciences

1992

1992; Kansas Agricultural Experiment Station contribution; no. 92-407-S; Report of progress (Kansas State University. Agricultural Experiment Station and Cooperative Extension Service); 651; Beef; Cattle marketing; Cattle prices; Captive supplies

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Full-Text Articles in Life Sciences

Short-Run Impact Of Captive Supplies On Fed Cattle Prices, J. Mintert, R. Jones, F. Brazle, Ted C. Schroeder Jan 1992

Short-Run Impact Of Captive Supplies On Fed Cattle Prices, J. Mintert, R. Jones, F. Brazle, Ted C. Schroeder

Kansas Agricultural Experiment Station Research Reports

Factors affecting western Kansas fed cattle prices during May through November 1990 were investigated. In particular, the impact of changes in captive cattle supplies on cash prices was examined. The term captive cattle supplies refers to cattle procured by a packer well in advance of slaughter. Captive supplies take one of three forms: 1) packer-owned cattle, 2) cattle procured on forward contracts, and 3) cattle procured under formula price (or marketing) agreements. Captive supplies were defined as cattle procured under forward contracts or formula price agreements, because data on packer-owned cattle were unavailable. Over the May through November 1990 period …