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Feeder Cattle Price Differentials in Georgia Teleauctions

Published online by Cambridge University Press:  05 September 2016

Steven C. Turner ,
Nancy S. Dykes  and
John McKissick
Steven C. Turner
Affiliation:
University of Georgia, Athens, Georgia
Nancy S. Dykes
Affiliation:
University of Georgia, Athens, Georgia
John McKissick
Affiliation:
University of Georgia, Athens, Georgia
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Abstract

Three Georgia feeder cattle teleauction markets were analyzed from 1977 to 1988 to estimate the impacts of cattle characteristics and market conditions on prices. Cattle characteristic price impacts were similar to those in previous studies. The impact of feeder cattle futures price on teleauction price was positive but varied across markets. Optimal lot size ranged from 143 to 276 head. In one market, 14 lots were necessary to generate positive price impacts. Additional buyers were estimated to have a $.30/cwt per buyer impact on price.

Keywords

feeder cattleprice analysisteleauctionselectronic marketing
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 23 , Issue 2 , December 1991 , pp. 75 - 84
Copyright
Copyright © Southern Agricultural Economics Association 1991

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