Leading indicators and price linkages between wholesale beef and fed cattle prices
Owen, C.J.; Sporleder, T.L.; Bessler, D.
Faculty Paper Series, Department of Agricultural Economics, Texas AandM University (FP 88-1): 16
1988
Accession: 001627516
This research examines the vertical linkages among three levels of prices in the cattle-beef marketing channel, USA. Temporal relationships among the boxed beef cuts, carcass, and fed cattle prices are estimated. The potential of wholesale beef prices in forecasting daily fed cattle prices is empirically investigated. The average price response, the elasticity of price transmission and price spreads are estimated for fed cattle and wholesale beef.