Journal or Book Title
Journal of Agricultural and Resource Economics
First Page or Article ID Number
Feeder-calf prices are determined by the interaction of many factors. This study uses transaction data from Iowa preconditioned and regular feeder-calf auction sales to quantify the impact of a wide variety of factors, several of which have not been used in previous studies on feeder-calf prices. Notably, market premiums for preconditioned sales versus regular sales, feedlot capacity utilization, and seller reputation are found to be significant factors affecting feeder-calf prices. Estimated coefficients are then used to predict prices to demonstrate how this information can be used in making management and marketing decisions.
Western Agricultural Economics Association
Schulz, Lee L.; Dhuyvetter, Kevin C.; and Doran, Beth E., "Factors Affecting Preconditioned Calf Price Premiums: Does Potential Buyer Competition and Seller Reputation Matter?" (2015). Economics Publications. 58.