price reporting, livestock economics, cattle, mandatory reporting
Under the Livestock Mandatory Reporting Act of 1999, large packers of cattle, swine, and sheep must report data from purchases and processing with respect to price, volume, and grade. The U.S. Department of Agriculture’s Agricultural Marketing Service (AMS) assembles and disseminates the price reports. Prices are now available for making annual observations and comparisons about industry trends. In addition, the recent high cattle prices and prospects of smaller supplies in the coming years make monitoring supply pertinent.
Diersen, Matthew A., "Observations From Cattle Mandatory Price Reporting" (2004). SDSU Extension Extra Archives. 176.