Transportation and Quality Adjusted Basis: Does the Law of One Price Hold for Feeder Cattle
Document Type
Article
Journal/Book Title/Conference
Journal of Agricultural and Resource Economics
Volume
33
Publication Date
2008
Abstract
Feeder calf prices are examined from a national video auction sales from 2004-2006. Many cattle, lot, and market characteristics significantly impact feeder cattle basis. Auction prices were adjusted for quality differences and for transportation costs and compared across regions. Basis was significantly different after the adjustment from region to region.
Recommended Citation
Feuz, D.M., C. Harris, D. Bailey and G. Halverson. 2008. “Transportation and Quality Adjusted Basis: Does the Law of One Price Hold for Feeder Cattle.” Journal of Agricultural and Resource Economics, Vol 33, p.