Assessing the Relationship between Market Factors and Regional Price Dynamics in U.S. Cattle Markets

Assessing the Relationship between Market Factors and Regional Price Dynamics in U.S. Cattle Markets

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Regional live cattle prices Mastectomy are decomposed into two components: (a) a trend common to all regional cattle price series and (b) regional deviations or price dynamics around that trend.Tests are developed to determine if market factors are related to the regional price deviations around a common trend.Slaughter volume, distance between a market and the next closest, and forward contract deliveries are significantly related to price MADNESS ROADSIDE LEMONADE deviations from the estimated common trend.