Bidding for Cattle in the Texas Panhandle PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Bidding for Cattle in the Texas Panhandle PDF full book. Access full book title Bidding for Cattle in the Texas Panhandle by John M. Crespi. Download full books in PDF and EPUB format.
Author: John M. Crespi
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Four beef-processing plants in the Texas Panhandle region procure cattle from feedlots in a form of first-price, sealed-bid auction. These auctions have features that distinguish them from standard auctions. Using transactions-level data, we estimated packer bid functions and, via simulations, compared the extant bidding environment to an alternative framework. The simulated auctions on average produced higher seller revenue, more frequent sales to the plant valuing the cattle most highly, and more switching by feedlots among competing packers. We attribute these results to packers' inconsistent bidding on the available lots of cattle and offer alternative explanations for this behavior.
Author: John M. Crespi
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Four beef-processing plants in the Texas Panhandle region procure cattle from feedlots in a form of first-price, sealed-bid auction. These auctions have features that distinguish them from standard auctions. Using transactions-level data, we estimated packer bid functions and, via simulations, compared the extant bidding environment to an alternative framework. The simulated auctions on average produced higher seller revenue, more frequent sales to the plant valuing the cattle most highly, and more switching by feedlots among competing packers. We attribute these results to packers' inconsistent bidding on the available lots of cattle and offer alternative explanations for this behavior.
Author: George A. Boeck
Publisher: New York : AMS Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 168
Get Book Here
Book Description
Author: Paul Joerger
Publisher:
ISBN:
Category : Cattle
Languages : en
Pages : 74
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 1168
Get Book Here
Book Description
Author: Linda Crawford
Publisher:
ISBN:
Category : Livestock
Languages : en
Pages : 6
Get Book Here
Book Description
Author: Morris Halliburton
Publisher: Createspace Independent Publishing Platform
ISBN: 9781523441228
Category :
Languages : en
Pages : 54
Get Book Here
Book Description
This book is for anyone interested in learning how to hold their own Beef Cattle Auction or anyone just wanting to learn more about the inner workings of Beef Cattle Auctions. Are you one of those individuals to whom auctions have always seemed like mysterious ceremonies that could be performed only by specially anointed people? Let this book clear up the unknowns. Initially for me auctions were so shrouded in secrecy that it seemed arrogant for me to even think of holding an auction of my own. But in 1984 I decided to give it a try anyway. It didn't take long for me to find out just how little I knew about livestock sales. Even though I hired someone to manage the sale, I didn't even know the right questions to ask. I've held many sales since then, and each time I've learned a little more about how the process works. But I still remember how it felt, that first time around, to know almost nothing at all. This book will give you an advantage that I didn't have. Even if you're a seasoned professional, I believe you'll find new information here. I considered extending the scope of this book to include the sale of other livestock such as horses, sheep, goats, and pigs. However, in the end I decided against it because my experience is in cattle. Nevertheless, I suspect that no matter what kind of animal you raise, you'll find this volume useful. The fundamental reason behind cattle auctions from the seller's point of view is to get maximum value for their cattle. On the other hand, the buyers view or reason for buying at an auction is because they are looking for the best deal possible. On the surface it sounds like one of them is sure to be disappointed. This book should shed some light on ways or solutions as to why this is not always true. This book will help you learn how to work with a good Sales Manager or Auctioneer to develop a marketing plan and know how to pull off a successful sale. You as the seller, together with your sale manager can apply cost figures to this plan to estimate the financial need to help determine the resources to hold your own cattle auction.
Author:
Publisher:
ISBN:
Category : Livestock
Languages : en
Pages : 59
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Cattle trade
Languages : en
Pages : 60
Get Book Here
Book Description
Author:
Publisher: DIANE Publishing
ISBN: 1428954163
Category :
Languages : en
Pages : 52
Get Book Here
Book Description
Author: United States. Congress. House. Committee on Appropriations. Subcommittee on Agriculture, Rural Development, Food and Drug Administration, and Related Agencies
Publisher:
ISBN:
Category : Rural development
Languages : en
Pages : 1032
Get Book Here
Book Description
