Hostname: page-component-586b7cd67f-t7fkt Total loading time: 0 Render date: 2024-11-23T23:51:16.866Z Has data issue: false hasContentIssue false

Factors Affecting Wholesale Poultry Prices

Published online by Cambridge University Press:  28 April 2015

Joe L. Parceli
Affiliation:
Department of Agricultural Economics, University of Missouri
Vern Pierce
Affiliation:
Department of Agricultural Economics, University of Missouri

Abstract

Changes in consumer demand for poultry meats can be characterized as evolving over time and following seasonal patterns. The focus of this study is on understanding factors affecting wholesale poultry prices. This information is needed so that poultry processors and poultry producers may better understand how consumer purchasing patterns affect price changes. Results suggest that seasonal differences between the price of cuts exist. Furthermore, own-cut and cross-cut flexibilities were unique to individual cuts.

Type
Articles
Copyright
Copyright © Southern Agricultural Economics Association 2000

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Aradhyula, S.V., and Holt, M.T.. “Risk Behavior and Rational Expectations in the U.S. Broiler Market.” American Journal of Agricultural Economics 71(1989):892902.Google Scholar
Bernard, J.C., and Willett, L.S.. “Asymmetric Price Relationships in the U.S. Broiler Industry.” Journal of Agricultural and Applied Economics 28(December 1996):279289.Google Scholar
Bhati, U.N.Supply and Demand Responses for Poultry Meat in Australia.” Australian Journal of Agricultural Economics 31(1987):256–65.Google Scholar
Bureau of Labor Statistics. “Monthly Meat Processing Plant Employee Earnings (Not Seasonally Adjusted).” Downloaded from Internet at www.bls.gov, January, 1999.Google Scholar
Bureau of Labor Statistics. “Monthly Finished Energy Product Index (Not Seasonally Adjusted).” Downloaded from Internet at www.bls.gov, January, 1999.Google Scholar
Bureau of Labor Statistics. “Consumer Price Index (Not Seasonally Adjusted).” Downloaded from Internet at www.bls.gov, January, 1999.Google Scholar
Capps, O. Jr., Farris, D.E., Byrne, P.J., Namken, J.C., and Lambert, C.D.. “Determinants of Wholesale Beef-Cut Prices.” Journal of Agriculture and Applied Economics 26(July 1994):183–99.Google Scholar
Chavas, J.P., and Johnson, S.R.. “Supply dynamics: the case of U.S. broilers and turkeys.” American Journal of Agricultural Economics 64(August 1982):558–64.Google Scholar
Eales, J.S., and Unnevehr, L.J.. “Demand for Beef and Chicken Products: Separability and Structural Change.” American Journal of Agricultural Economics 70(1988):521–32.Google Scholar
Goodwin, J.W, Madrigal, S.A., and Martin, J.E.. 1996. Supply and Demand Responses in the U.S. Broiler Industry. Report Series 332. Fayette ville: Agricultural Experiment Station, University of Arkansas.Google Scholar
Greene, W.H.Econometric Analysis. Englewood Cliffs, NJ: Macmillan, 1993.Google Scholar
Huang, K.S.A Further Look at Flexibilities and Elasticities.” American Journal of Agricultural Economics 76(1994):313–17.Google Scholar
Kapombe, C.M., and Colyer, D.. “Modeling U.S. Broiler Supply Response: Astructural Time Series Approach.” Agricultural and Resource Economics Review 27(October 1998):241–51.Google Scholar
Nerlove, M.Estimates of the Elasticities of Supply of Selected Agricultural Commodities.” Journal of Farm Economics 38(1956):496509.Google Scholar
SHAZAM. Econometrics Computer Program Users Reference Manual, Version 8.0. New York, NY, McGraw Hill, 1993.Google Scholar
Schrimper, R.A.Seasonality of Broiler and Turkey Consumption and Prices.” Paper presented at Meeting of Northeastern Agricultural and Resource Economics Association, Ithaca, New York, June, 1998.Google Scholar
U.S. Department of Agriculture, Economic Research Service. Livestock, Dairy and Poultry Situation and Outlook, selected issues, 1988-1997.Google Scholar
U.S. Department of Agriculture, Agricultural Marketing Service. Livestock, Meat and Wool Weekly Summary and Statistics, selected issues, 1988-1997.Google Scholar
U.S. Department of Agriculture, Agricultural Marketing Service. Poultry Yearbook Summary, selected issues, 1988-1997.Google Scholar
U.S. Department of Agriculture, National Agricultural Statistical Service. Cold Storage, selected issues, 1988-1997.Google Scholar
U.S. Department of Census. U.S. Resident Population. Data downloaded from the St. Louis Federal Reserve Web site (http://www.stls. frb.org/).Google Scholar