Document Type

Other

Publication Date

1-1-2002

Keywords

south dakota, cattle prices, stocker cattle, livestock marketing

Extension Number

ExEx 5038

Department

Economics

Description

Producers are concerned about the general price level of stocker cattle, weaned calves weighing about 550 pounds. Producers observe a wide range of reported prices for any given sale. Aggregating prices usually just compounds the problem as an even wider range may be observed across sales. For example, for the week ending November 1, 2001, the price range for 550-599 pound Medium and Large Frame #1 steers across various South Dakota sales was $87-100 per cwt. While knowledge of the price level is necessary for making marketing decisions, producers also desire relative prices to sort out sale-day and quality effects.

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