U.S. Beef Industry: Cattle Cycles, Price Spreads, and Packer Concentration

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英文名称：

U.S. Beef Industry: Cattle Cycles, Price Spreads, and Packer Concentration

作者：

Kenneth H. Matthews; Jr.; William Hahn; Kenneth Nelson; Lawrence A. Duewer; Ronald A. Gustafson

工作单位：

USDA's Economic Research Service

来源地址：

https://www.ers.usda.gov/publications/pub-details/?pubid=47247

关键词：

Cattle cycles;  price spreads;  packer concentration;  cattle slaughter;  steer and heifer slaughter;  cow slaughter; 

年份：

1999

出版地：

Washington, DC, USA

总页数：

47 pp

语种：

English

摘要：

In early 1996, the peak in the current cycle of cattle inventories coincided with a long list of negative factors—negative returns at the farm and feedlot, record-high feed grain prices, a severe drought in 1995-96, widening farm-retail price spreads, a low farmers' share of the consumers' Choice beef dollar, and reports of high profits for beef packers. This confluence created an atmosphere in which some producers and members of Congress questioned whether the cattle industry was adversely affected by high packer concentration and market power. This report examines the cattle cycle of the 1990's to determine if there are differences from previous cattle cycles and, if so, how and why any differences occurred.