"Transportation and Quality Adjusted Basis: Does the Law of One Price Hold for Feeder Cattle" by Dillon M. Feuz

Selected Works of Dillon M. Feuz

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Transportation and Quality Adjusted Basis: Does the Law of One Price Hold for Feeder Cattle

Journal of Agricultural and Resource Economics

Dillon M. Feuz, Utah State University
C. Harris
DeeVon Bailey, Utah State University
G. Halverson

Document Type

Article

Publication Date

1-1-2008

Disciplines

Agricultural and Resource Economics and
Economics

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.

Citation Information

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.