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Keywords

Kansas Agricultural Experiment Station contribution; no. 88-363-S; Cattlemen's Day, 1988; Report of progress (Kansas State University. Agricultural Experiment Station and Cooperative Extension Service); 539; Beef; Wholesale beef prices; Retail beef prices; Farm beef prices

Abstract

Analysis of weekly retail, wholesale, and farm beef price data indicated that a time lag exists between price changes at the various market levels. Farm-level slaughter cattle price changes typically lead wholesale beef price changes by 2 to 3 weeks. Similarly, wholesale beef price changes typically lead price changes at the retail level by 3 to 4 weeks.

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