Suchergebnisse

AbstractCattle producers and markets faced massive disruptions due to COVID‐19 in both supply and demand for cattle and beef. Restaurant and food service shutdowns affected beef demand. Closures and slowdowns of beef processors caused a logjam of live cattle in the supply chain. The resulting effects on cattle producers at all levels were lower prices and abnormal cattle flows, but the magnitudes of those effects were not homogenous across size and type of cattle. In this article, we detail how the COVID‐19 pandemic has affected cattle markets and cattle producers across the different sectors. We also discuss policy responses and considerations.

AbstractRecent wide spreads between boxed beef cutout values and fed cattle prices have reignited beef cattle producers' long‐held concerns about price discovery. The recent concerns have led to policy proposals meant to increase negotiated trade volumes in the cash market. We determine how volume, day of the week, sex, grade, weight range, and other factors impact price ranges in the negotiated cash market. We find many factors, in addition to sales volume, can impact price ranges. The analysis provides insight into current policy proposals, and we discuss the need for more detailed data for precise answers to current policy questions.