ScholarLens Back to search
2000•AgEcon Search (University of Minnesota, USA)Open access

DETERMINANTS OF PROFIT VARIABILITY IN FED CATTLE GRID PRICING

R. Allen McDonald, Ted C. Schroeder, McDonald, R. Allen, Schroeder, Ted C.

Open full text 2 citations

Abstract

This study determines the relative impacts of price, cattle quality, and feeding performance factors on profit per head for fed cattle marketed via a grid structure. Two different data sets of cattle that were marketed in two different grid pricing systems are used in the analysis with comparisons of results made between grids. Grid base price and feeder cattle price are the most important determinants of profit over time in both grids. However, only considering non-price variables, the cumulative quality of cattle in a pen is the most important profit determinant followed by average daily gain in one grid and feed efficiency in the other.

Open-access reader

About this research paper

What this paper is about

This study determines the relative impacts of price, cattle quality, and feeding performance factors on profit per head for fed cattle marketed via a grid structure. Two different data sets of cattle that were marketed in two different grid pricing systems are used in the analysis with comparisons of results made between grids. Grid base price and feeder cattle price are the most important determinants of profit over time in both grids. However, only considering non-price variables, the cumulative quality of cattle in a pen is the most important profit determinant followed by average daily gain in one grid and feed efficiency in the other.

Why it matters

OpenAlex reports 2 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

This study determines the relative impacts of price, cattle quality, and feeding performance factors on profit per head for fed cattle marketed via a grid structure. Two different data sets of cattle that were marketed in two different grid pricing systems are used in the analysis with comparisons of results made between grids. Grid base price and feeder cattle price are the most important determinants of profit over time in both grids. However, only considering non-price variables, the cumulative quality of cattle in a pen is the most important profit determinant followed by average daily gain in one grid and feed efficiency in the other.

Key concepts: Fed cattle, Profit (economics), Grid, Feeder cattle, Econometrics, Microeconomics, Business, Economics

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
DETERMINANTS OF PROFIT VARIABILITY IN FED CATTLE GRID PRICING — Research Paper | ScholarLens