Beef price spread relationship with processing capacity utilization-Reference-Cited by-同舟云学术

Beef price spread relationship with processing capacity utilization

Published:2023-01-22 Issue:1 Volume:2 Page:133-145
ISSN:2769-2485
Container-title:Journal of the Agricultural and Applied Economics Association
language:en
Short-container-title:J of Agr & App Econ Assoc

Author:

Martinez Charles¹,Li Pengzhen¹,Boyer Christopher N.¹^ORCID,Yu T. Edward¹,Maples Joshua G.²

Affiliation:

1. Department of Agricultural and Resource Economics University of Tennessee Knoxville Tennessee USA

2. Department of Agricultural Economics Mississippi State University Mississippi State Mississippi USA

Abstract

AbstractWe investigate the relationships of the often‐publicized live cattle to box beef price spread and weekly and Saturday slaughter capacity utilization (CU). We find that an increase in the price spread in the previous period does positively impact national Saturday slaughter CU under a low price spread regime, but not in the identified middle and high regimes. Also, changes in weekly or Saturday slaughter CU does not impact the price spread except for the high regime. Our results do not support the notion that weekly, or Saturday slaughter CU is used by the beef packers to control the price spread.

Publisher

Wiley

Link

https://onlinelibrary.wiley.com/doi/pdf/10.1002/jaa2.48

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