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Current Agriculture, Food & Resource Issues

C. E. Ward

Table 1 Summary of Relevant Research on Price and Market Structure

Research Category and Study	Data Time & Space Aggregation	Data Period	Major Relevant Findings, Conclusions
Ward 1981	Transactions, Local	1979	Positive relationship between fed cattle prices and number of buyers or bidders
..........Ward"1982..............................................	Transactions, Local	......................1979..................	Fed cattle price differences between smaller and larger buyers
Mehkhaus, St. Clair, and Ahmaddaud	Annual, State	........1972j977	Higher concentration associated with lower fed cattle prices
..........ward"i984..............................................	Transactions, Local	...............1979-82..........	Positive relationship between slaughter lamb prices and number of bidders Slaughter lamb price differences between smaller and larger buyers
Hayenga, Deiter, and Montoya	Weekly, Local	...............1978-81............	Temporary price declines (increases) when hog slaughter plants closed (opened)
Rhodus, Baldwin, and Henderson	Transactions, Local	...............1979-81............	Higher slaughter hog prices associated with increased buyer competition
Menkhaus, Whipple, and Ward	Annual, State	...............1972-85..........	States with one slaughter plant associated with lower slaughter lamb prices
..........ward"i992..............................................	Transactions, Local	......................1989..................	Positive relationship between fed cattle prices and number of buyers bidding Fed cattle price differences between smaller and larger buyers Lower fed cattle prices associated with "Big 3" packers
Marion and Geithman	Annual, Regional	...............1971-86..........	Higher concentration associated with lower fed cattle prices

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