Price Determinants for Feeder Cattle in Tennessee

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

Research output: Contribution to journalArticlepeer-review

8 Scopus citations

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.

Original languageEnglish
Pages (from-to)552-562
Number of pages11
JournalJournal of Agricultural and Applied Economics
Volume53
Issue number4
DOIs
StatePublished - Nov 8 2021

Bibliographical note

Publisher Copyright:
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Keywords

  • feeder cattle
  • hedonic pricing
  • value-added marketing

ASJC Scopus subject areas

  • Agricultural and Biological Sciences (miscellaneous)
  • Economics and Econometrics

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