EXAMINING PACKER CHOICE OF SLAUGHTER CATTLE PROCURMENT AND PRICING METHODS
作者： Oral Capps , H. Alan Love , Gary W. Williams , Wendi L. Adams
DOI: 10.1017/S1068280500000939
关键词: Procurement 、 Fed cattle 、 Body weight 、 Yield (finance) 、 Agricultural science 、 Operations management 、 Economics 、 Multinomial logistic regression
摘要: Using daily fed cattle purchase transaction records collected by the Packers and Stockyards Programs over period April 1992 to 1993, we identify characteristics associated with choices of procurement pricing methods. The methodology involves use a multinomial logit model. Regional concentration; processing capacity; number head per lot; average weight head; type; yield grade, quarterly seasonality, distance from packing plants play significant role in determining methods chosen packers. method packers procure also affects choice given method.
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