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Articles 1 - 13 of 13
Full-Text Articles in Social and Behavioral Sciences
Public Reporting Of Fed Cattle Grid Prices: Policy Reform Consequences, Scott Fausti, Bashir Qasmi, Matthew Diersen
Public Reporting Of Fed Cattle Grid Prices: Policy Reform Consequences, Scott Fausti, Bashir Qasmi, Matthew Diersen
Economics Staff Paper Series
Mandatory livestock price reporting was implemented in April 2001. Empirical evidence indicates a significant change in volatility occurred in publicly reported fed cattle grid premiums and discounts after its implementation. Empirical analysis of grid premiums and discounts across the pre-and post-reform periods indicates that increased transparency is compatible with either an increase or a decrease in price volatility in the post-MPR period. Furthermore, it appears that the public price reporting system for weekly grid premiums and discounts failed to provide an adequate level of transparency prior to the implementation of price reporting reforms. Our methodology extends the literature on the …
The Effect Of Early Vs Normal Calf Weaning On Feedlot Performance And Herd Management: A Northern Plains Case Study, Scott Fausti, Douglas Landblom, Patricia Johnson, Martin Beutler, Roger N. Gates, Robin R. Salverson, Hubert H. Patterson, Staeve I. Paisley
The Effect Of Early Vs Normal Calf Weaning On Feedlot Performance And Herd Management: A Northern Plains Case Study, Scott Fausti, Douglas Landblom, Patricia Johnson, Martin Beutler, Roger N. Gates, Robin R. Salverson, Hubert H. Patterson, Staeve I. Paisley
Economics Staff Paper Series
A two-year study of early vs. normal weaning of steer calves was conducted in the western Dakotas in 2003-04. Economic and statistical analysis of calf feedlot performance and carcass quality was conducted. The analysis concludes that early weaning improves feedlot production efficiency, and reduces per day and per pound feedlot production costs. However, early weaned steers are lighter at slaughter; therefore, early weaning lowers carcass revenue relative to normal weaning. The early weaning effect on the profitability of retaining calves through the feedlot stage was not statistically significant. However, statistical analysis indicates that early weaning does have a positive effect …
Did The Voluntary Price Reporting System Fail To Provide Price Transparency In The Cash Market For Dressed Steers: Evidence From South Dakota, Scott Fausti, Matthew Diersen
Did The Voluntary Price Reporting System Fail To Provide Price Transparency In The Cash Market For Dressed Steers: Evidence From South Dakota, Scott Fausti, Matthew Diersen
Economics Staff Paper Series
The information value of the former USDA voluntary price reporting system is investigated for dressed weight slaughter steers. The ability of the former system to promote market transparency and price discovery in the cash market is evaluated with state level mandatory price reporting data collected from September 1999 to April 2001. The empirical framework evaluates the informational value of public price reports according to the criteria established in the market integration literature. The empirical results indicate that in the cash market for dressed weight steers, in South Dakota and Nebraska the former voluntary price reporting system did foster market transparency …
Power Deregulation: Blessing Or Curse; South Dakota's Hog Market, Gary Taylor, Matthew A. Diersen
Power Deregulation: Blessing Or Curse; South Dakota's Hog Market, Gary Taylor, Matthew A. Diersen
Economics Commentator
No abstract provided.
Power Deregulation: Blessing Or Curse; South Dakota's Hog Market, Gary Taylor, Matthew A. Diersen
Power Deregulation: Blessing Or Curse; South Dakota's Hog Market, Gary Taylor, Matthew A. Diersen
Economics Commentator
No abstract provided.
Grid Pricing Versus Average Pricing For Fed Cattle: Where Is The Incentive, Scott Fausti, Bashir Qasmi
Grid Pricing Versus Average Pricing For Fed Cattle: Where Is The Incentive, Scott Fausti, Bashir Qasmi
Economics Staff Paper Series
A weekly comparative marketing study of above-average and below-average quality slaughter cattle was conducted over a 154 week time period (Jan 1997 to Dec 1999). Two data sets containing carcass information on 1500 head of fed cattle were randomly selected from a data set containing carcass information on 2590 steers. Weekly average price per cwt. was calculated for both pens using two different pricing systems: a) the dressed weight pricing system; and b) the Agricultural Marketing Service grid pricing system. The empirical evidence indicates that over the 154 week period: a) the above-average quality carcass data set received a higher …
Factors Influencing Cash Marketing Decisions For Fed Cattle, Scott Fausti, Steve Schamber, Dwight Adamson
Factors Influencing Cash Marketing Decisions For Fed Cattle, Scott Fausti, Steve Schamber, Dwight Adamson
Economics Staff Paper Series
The reason for the failure of individual carcass-based pricing systems to supplant average-price-based pricing systems in the cash market for fed cattle remains unresolved. Competing hypotheses in the literature associated with this issue are empirically tested using survey data collected on the marketing behavior of cattle producers.
Value Based Marketing For Fed Cattle: A Discussion Of The Issues, Scott Fausti, Steve Schamber, Dwight Adamson
Value Based Marketing For Fed Cattle: A Discussion Of The Issues, Scott Fausti, Steve Schamber, Dwight Adamson
Economics Staff Paper Series
Beef demand in the United States began to weaken relative to the demand for pork and poultry in the 1970s. The literature offers two possible explanations: 1) the lifestyles explanation; and 2) the relative-price explanation. Barkema and Drabenstott (1990) review the literature concerning the market share issue and concisely outline the two possible explanations: "The lifestyle argument suggests that consumers chose to eat less beef due to health concerns and changes in lifestyles. The relative-prices explanation suggests consumers switched from beef to poultry because beef became relatively more expensive than poultry." The issue of improving beefs competitiveness against other domestic …
Livestock: U.S. Production & Prices, Gene Murra
Livestock: U.S. Production & Prices, Gene Murra
Economics Commentator
No abstract provided.
Ecological Balance On Individual Crop-Livestock Farms: An Idealistic Notion Or Also Practically Feasible?, Donald Taylor, Diane Rickerl
Ecological Balance On Individual Crop-Livestock Farms: An Idealistic Notion Or Also Practically Feasible?, Donald Taylor, Diane Rickerl
Economics Staff Paper Series
The following research question is examined in this article: Can one or more of eight case study integrated crop and cow-calf farms/ranches in South Dakota be simultaneously "balanced" from the standpoints of (1) amounts of manure produced "matching" (plus or minus 10%) the soil fertility needs of producers' cropland and rangeland and (2) amounts of feed-grains and roughages produced "matching" (plus or minus 10%) the nutrient needs of producers' livestock? The livestock manure production-utilization component of the study involves estimation and comparison of amounts of nitrogen (N) and phosphorus (P) (1) available to crops and grass in the manure produced …
The Economic Value Of Grazing Public Lands In Western South Dakota, Martin Beutler
The Economic Value Of Grazing Public Lands In Western South Dakota, Martin Beutler
Economics Staff Paper Series
South Dakota has relatively few acres of public rangeland when compared to other western states. However, public grazing in South Dakota can have a major impact on local area economies in which public grazing occurs. Total harvested AUMs have declined over the study period. The total value of public land grazing has climbed mainly due to higher cattle prices. In 1988, South Dakota public lands participated in the production of approximately $35 million in gross livestock production. This gross production generated an estimated $66 million in economic activity to the region. In 1988, public lands accounted for an estimated $22.8 …
Frorward Pricing Grain With No Cancellation Penalties; Livestock Outlook, Brian H. Schmiesing, Gene Murra
Frorward Pricing Grain With No Cancellation Penalties; Livestock Outlook, Brian H. Schmiesing, Gene Murra
Economics Commentator
No abstract provided.
Livestock Producers Should Not Ignore The Food Security Act Of 1985, Brian H. Schmiesing
Livestock Producers Should Not Ignore The Food Security Act Of 1985, Brian H. Schmiesing
Economics Commentator
No abstract provided.