The name is absent

Research Category
and Study

Data Time &      _Data

Space        _Pe^a_rio^a_d      Major Relevant Findings, Conclusions

Aggregation      ^ero

Elam

Monthly, State       19SS-91 Lower fed cattle prices associated with higher

deliveries of pre-committed supplies

Schroeder et al.

Transactions,          1990 Lower fed cattle prices associated with higher

Local                           levels of forward contracting

Positive relationship between fed cattle prices
and number of bids

Fed cattle price differences between buyers

Azzam 1996

Quarterly, U.S.      197S-93 Evidence of monopsony-inefficiency motive for

vertical integration of fed cattle procurement by
packers

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Conceptual model of packer use of pre-
committed supplies suggests an inverse
relationship between price and pre-committed
supplies is not due to non-competitive behavior

Ward, Koontz, and
Schroeder

Transactions, U.S. 1992-93 Lower fed cattle prices associated with
increased deliveries of two types of pre-
committed supplies

Positive relationship between fed cattle prices
and higher plant utilization

Fed cattle price differences between plants
and firms

Higher fed cattle prices near the centre of price
discovery

Love and Burton

Conceptual model of packer use of pre-
committed supplies suggests that packers pay
a lower price for pre-committed supplies and
that pre-committed supplies increase plant
efficiency

Schroeter and

Azzam 1999

Transactions,        1995-96 Lower fed cattle prices associated with

Regional                        increased deliveries of pre-committed supplies

Higher fed cattle prices associated with one

type of pre-committed supplies

Fed cattle price differences between plants

and firms

Zhang and Sexton

Conceptual model of packer use of pre-
committed supplies suggests packers may
create a geographic buffer between them,
reducing competition and resulting in lower
prices paid for livestock