Farm to Retail Price Spreads for Beef in Canada PDF Download
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Author: Daniel Ricard
Publisher: Commission of Inquiry into the Marketing of Beef and Veal : available from Print. and Pub. Supply and Services Canada
ISBN:
Category : Business & Economics
Languages : en
Pages : 118
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Author: Daniel Ricard
Publisher: Commission of Inquiry into the Marketing of Beef and Veal : available from Print. and Pub. Supply and Services Canada
ISBN:
Category : Business & Economics
Languages : en
Pages : 118
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Author: United States. Department of Agriculture. Economic Research Service
Publisher:
ISBN:
Category : Beef
Languages : en
Pages : 16
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Author: Donald Burns Agnew
Publisher:
ISBN:
Category : Beef
Languages : en
Pages : 16
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Author: Donald Burns Agnew
Publisher:
ISBN:
Category : Beef
Languages : en
Pages : 12
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Author: Murray Hector Hawkins
Publisher:
ISBN:
Category : Agricultural prices
Languages : en
Pages : 0
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Book Description
The importance of the retail and wholesale beef price spreads has long been neglected in the field of Agricultural Economics. The concept of cattle prices and beef price spreads being highly related has only recently been explored. This study was an attempt to test the hypothesis that the farm-retail spread was important in explaining variations in cattle prices. Despite the weaknesses of the available data, stepwise regressions and correlation techniques were used to examine hypothetical relationships existing in the livestock and meat industry. Special attention was given to the relationships existing between livestock receipts, cattle prices and the Canadian cattle slaughter. A brief encounter with the theory of countervailing power is left to the last chapter in the thesis. Further study into current applications of the original concept, as outlined by J. K. Galbraith, is warranted in view of changing power relations in the meat industry. Many interesting and unusual relationships were found. Attention might be focussed on the declining wholesale spread, however, more attention should be given to the ever widening retail spread. The failure of the Canadian cattle slaughter to explain any significant portion of the variation in cattle prices should be further investigated. From the many correlations calculated there emerged a glimpse of an important variable in the livestock industry. Cattle receipts on the Toronto market appeared to be a vital factor in determining the width of the wholesale and retail beef price spreads on the markets studied. Furthermore, cattle prices and receipts at Toronto are highly correlated. Since live prices on the other markets are highly correlated with Toronto's cattle prices, live receipts on the Toronto market increase in importance as a useful tool in forecasting live prices in the cattle industry.
Author: Donald Burns Agnew
Publisher:
ISBN:
Category : Beef
Languages : en
Pages : 16
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Author: J. Bruce Bullock
Publisher: Forgotten Books
ISBN: 9780428083762
Category : Business & Economics
Languages : en
Pages : 32
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Excerpt from Price Spreads for Beef In addition to the steady upward trend price spreads for beef ofien changed sharply from month to month. Most of these short-term changes were explained by changes in the supply of cattle. Retail prices adjusted to supply changes much more slowly than did cattle prices. These lags caused price spreads to behave erratically in the short run. This was apparent during 1962 when prices of Choice grade cattle increased for 9 of the 12 months and the farm - retail spread dropped sharply during the year to its lowest annual average since 1959. In 1963, when cattle prices dropped during 10 of the 12 months, the spread increased sharply to near the level predicted by the long-term trend. The farm-retail price spread increased cents in the 1949-64 period. This resulted from a -cent increase in the wholesale-retail spread anda -cent increase in the farm-wholesale spread. The farm-retail price spread for beef has increased more rapidly since 1949 than have spreads for other red meats and for all foods, and much faster than the consumer price index. Price spreads for beef tended to narrow in the 25 years between 1920 and 1945. Shortly after World War II, this trend was reversed and the widening trend observed above has been characteristic since. Most of the increase has been in the wholesale retail spread, with the farm-wholesale spread increasing at about the rate of the consumer price index. The examples in this bulletin of individual marketings of cattle from ranch and farm point out that differences between costs and selling prices can vary greatly, yielding different returns for similar services at different times. For the livestock producer and feeder, they indicate that the timing of purchases and sales is a major factor in profit and loss. For the consumer, they show how the marketing services of feeding, hauling, slaughtering, distribution, and retailing enter into the retail price of beef. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Leo Roger Gray
Publisher:
ISBN:
Category : Food prices
Languages : en
Pages : 28
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Author:
Publisher: DIANE Publishing
ISBN: 142895368X
Category :
Languages : en
Pages : 47
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Book Description
Author:
Publisher: DIANE Publishing
ISBN: 142894088X
Category :
Languages : en
Pages : 30
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