The Efficacy of the Grid Marketing Channel for Fed Cattle

Preprint OPEN
Fausti, Scott W.; Qasmi, Bashir A.; Diersen, Matthew A.;
  • Subject: Grid Pricing, National Beef Quality Audit, Public Livestock Price Reporting, Beef Carcass Quality, Livestock Production/Industries, | grid pricing, price discovery, price reporting, slaughter cattle
    • jel: jel:Q13 | jel:Q11

Beef industry data suggest that carcass yield and quality grades have shown little improvement over the last six years. Trend analysis of grid market share and carcass quality suggests that grid pricing has not made sufficient progress in achieving the goals envisioned ... View more
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    Table 4: Regression Results for Grid Market Share: 2004 to 2007 SSE: 523 Regression R2 : 0.2874 DFE: 156 MSE: 3.35 Total R2 : 0.3413 Root MSE: 1.83 Variable DF Parameter Standard Estimate Error Intercept 1 3.26 0.47

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