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Hedonic Retail Beef and Pork Product Prices

Published online by Cambridge University Press:  28 April 2015

Joseph L. Parcell  and
T.C. Schroeder
Joseph L. Parcell
Affiliation:
Department of Agricultural Economics, University of Missouri, Columbia, MO
T.C. Schroeder
Affiliation:
Department of Agricultural Economics, Kansas State University, Manhattan, KS
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Abstract

Consumer-level hedonic models are estimated to determine factors affecting retail pork and beef meat cuts. Results indicate that brand premium and discount varies across private, national, and store brands and that brand premium varies across meat cuts carrying the same brand name. Product size discounts are linear for beef and nonlinear for pork, meat items on sale are significantly discounted to nonsale items, specialty stores typically will not garner higher prices than supermarket/grocery stores, and warehouse stores typically have premium prices relative to supermarket/grocery stores.

Keywords

beefbrand premiumhedonic modelingporkQ13D12M31M32
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 39 , Issue 1 , April 2007 , pp. 29 - 46
Copyright
Copyright © Southern Agricultural Economics Association 2007

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