Determinants of Price Differentials in Oklahoma Value-Added Feeder Cattle Auctions
Many value-added practices cannot be observed by feeder cattle buyers. Third-party verification can decrease market inefficiency associated with this asymmetric information. We evaluate the effectiveness of a verification program, the Oklahoma Quality Beef Network, in increasing received prices. We...
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
Published: |
Western Agricultural Economics Association
2012-04-01
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Series: | Journal of Agricultural and Resource Economics |
Subjects: | |
Online Access: | https://ageconsearch.umn.edu/record/122309 |