Date of this Version
It seems to me that the fed cattle market has become more volatile since BSE was discovered in North America last May. Is this the case? Have prices for box beef and for feeder cattle become more volatile? Doing some quick analysis to see if in fact this was true, I looked at week to week changes in the USDA reported Choice Box Beef Cutout Value, the price of fed cattle in Nebraska on a live weight basis and the price of 750 pound steers in Nebraska.