Date of Award:
5-1970
Document Type:
Thesis
Degree Name:
Master of Science (MS)
Department:
Applied Economics
Department name when degree awarded
Agricultural Economics
Committee Chair(s)
Darwin B. Nielsen
Committee
Darwin B. Nielsen
Committee
Roice Anderson
Committee
Norris J. Stenquist
Abstract
Reliable price data for fat cattle in Utah are becoming difficult to obtain because fewer and fewer slaughter cattle go through market channels where live cattle prices are reported.
The objectives of this study were to determine how correlated Utah fat cattle prices are with the California dressed meat market for cattle and formulate an equation or equations enabling reliable price predictions to be made for the Utah slaughter cattle market.
Utah choice and good steer prices (both direct and auction) were compared to the San Francisco wholesale meat market prices. Utah choice steer, good steer and choice heifer prices (both direct and auction) were compared with the Los Angeles wholesale meat market prices. All price comparisons were highly correlated except Utah good steer prices and Los Angeles dressed meat market prices,
A regression analysis not only gave the correlation coefficients but was also used to determine any time lags between the Utah slaughter cattle market and the California dressed meat market for cattle. Price changes in the Utah slaughter cattle market are preceded by at least one weeks change in the California dressed meat market for all classifications and grades of slaughter cattle used in this study.
A mathematical model was formulated which equated Utah fat cattle prices with the California dressed meat market prices. This model as well as statistical model obtained from the regression analysis if used with the time lags predict Utah fat cattle prices very satisfactorily.
Checksum
9d0018ef0337c5a91de00eb2cc076c33
Recommended Citation
Davies, M. Lloyd, "A Comparison of the Utah Cattle Slaughter Market with the California Cattle Carcass Market" (1970). All Graduate Theses and Dissertations, Spring 1920 to Summer 2023. 1671.
https://digitalcommons.usu.edu/etd/1671
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