Animal Science Department

 

Date of this Version

1-1-2008

Comments

Published in 2008 Nebraska Beef Cattle Report. Copyright © 2007 The Board of Regents of the University of Nebraska.

Abstract

Price data from west central Nebraska livestock auction markets were used to determine the price discovery and information flow patterns between weight-gender cattle classes using time series analysis and directed acyclical graphs (DAG). Results indicated steers weighing 400-600 lb were the point of price discovery; the price change of each weight of steers impacted the price of the next heavier class of steers. Price movements for 600-700 lb heifers impacted prices of many other weight/gender classes including the price of heavier heifers and steers.

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