Price Determinants for Feeder Cattle in Tennessee

IF 1.6 Q2 AGRICULTURAL ECONOMICS & POLICY

Journal of Agricultural and Applied Economics Pub Date : 2021-11-01 DOI:10.1017/aae.2021.24

Charles C. Martinez, C. Boyer, Kenneth H. Burdine

引用次数: 6

Abstract

Abstract A hedonic model was employed to examine factors impacting feeder cattle prices at a monthly video auction in Tennessee. Home-raised cattle were estimated to have a $2 per cwt. premium and cattle that have been tested for PI-BVDV (persistent infections with bovine viral diarrhea virus) sold for a premium of $1.19 per cwt. We also show how price varies across sale months for steers and heifers, suggesting opportune times to market gender-specific lots. Corn price was interacted with an average weight per head of the lot to show that lighter cattle were negatively affected, while heavier cattle prices were positively affected by increasing corn prices.

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田纳西州饲养牛的价格决定因素

摘要采用享乐模型考察了影响田纳西州月度视频拍卖中饲养牛价格的因素。据估计，家庭饲养的牛每英担的价格为2美元。经过PI-BVDV(持续感染牛病毒性腹泻病毒)检测的牛，每英担溢价1.19美元。我们还展示了在不同销售月份里，阉牛和小母牛的价格是如何变化的，从而为不同性别的批次提供了合适的销售时机。玉米价格与每头平均重量相互作用，表明较轻的牛受到负面影响，而较重的牛价格受到玉米价格上涨的积极影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Agricultural and Applied Economics AGRICULTURAL ECONOMICS & POLICY-

CiteScore

3.30

自引率

5.30%

发文量

审稿时长

8 weeks

期刊介绍： Published on behalf of the Southern Agricultural Economics Association, the Journal of Agricultural and Applied Economics is a forum for creative and scholarly work in agricultural economics and related areas. Contributions on methodology and applications in business, extension, research, and teaching phases of agricultural and applied economics are equally encouraged. As of 2015 (Vol 47), articles are published on an open access basis.