Pressure screening and fluctuations at the bottom of a granular column

We report sets of precise and reproducible measurements on the static pressure at the bottom of a granular column. We make a quantitative analysis of the pressure saturation when the column height is increased. We evidence a great sensitivity of the measurements with the global packing fraction and the eventual presence of shear bands at the boundaries. We also show the limit of the classical Janssen model and discuss these experimental results under the scope of recently proposed theoretical frameworks.Comment: 17 pages, Latex, 8 eps figures, to appear in the European Physical Journal B (1999

SHORT-PERIOD PRICING MODELS FOR FED CATTLE AND IMPACTS OF WHOLESALE CARCASS BEEF AND LIVE CATTLE FUTURES MARKET PRICES

Demand and Price Analysis,

Beef Packers’ Captive Supplies: An Upward Trend? A Pricing Edge?

Livestock Production/Industries,

TOWARD A PERFORMANCE EVALUATION OF THE CARCASS BEEF MARKET - WEAK FORM TEST OF THE EFFICIENT MARKETS MODEL

Industrial Organization, Livestock Production/Industries,

Feedlot and Packer Pricing Behavior: Implications for Competition Research

Seldom are observed losing bids available in industry data. A special workshop of the Fed Cattle Market Simulator was designed to capture bids for each pen of cattle traded. Data enabled identifying buyer and seller behavior in the price discovery process, both before and after imposed mergers of the two largest and two smallest packer teams. Highest losing bids also were estimated with packer bid functions and compared with observed highest losing bids. An estimated price discovery model indicated market structure as measured by number of buyers was more important than simply the number of bids or size of transactions.Buyer behavior, Competition, Fed cattle, Marketing, Pricing, Seller behavior, Livestock Production/Industries,

Preferential Cattle and Hog Pricing by Packers: Evidence from Mandatory Price Reports

Preferential pricing was one of several concerns leading to mandatory price reporting. Seven years of “new” data from mandatory reports are examined to determine if evidence exists of preferential pricing by packers for fed cattle and slaughter hogs. Weekly data show some alternative marketing methods track closer to cash market prices than others. Some differences can be explained, while others are not as clear. Evidence was found that cash prices lead prices for alternative marketing methods on rising markets but trail them on declining markets.Alternative marketing arrangements, Cattle, Hogs, Marketing, Meatpacking procurement, Price discovery, Pricing, Livestock Production/Industries, Marketing,

AN EMPIRICAL STUDY OF COMPETITION IN THE PRICE DISCOVERY PROCESS FOR SLAUGHTER LAMBS

Buyer competition in the price discovery process for slaughter lambs at an Oklahoma teleauction was studied. Number of buyers positively influenced both absolute and relative sale prices but did not significantly affect buyer gross margins. Buyer market shares also affected prices paid and buyer gross margins. Thus, competition among buyers was found to be important in the price discovery process.Demand and Price Analysis, Livestock Production/Industries,

PRODUCTIVITY-CONCENTRATION RELATIONSHIP IN THE U.S. MEATPACKING INDUSTRY

Previous research found a positive relationship between concentration and total factor productivity in food manufacturing. On industry (i.e., meatpacking plants [SIC 2011]) was selected for independent analysis due to a relatively sharp increase in concentration in recent years. The methodology chosen was similar to previous studies. Total factor productivity increased 2.4 percent per year, and labor productivity increased 3.3 percent per year for meatpacking plants over the 1958-82 period. Concentration in meatpacking did not positively or negatively affect total factor productivity or labor productivity over the 25-year study period.Productivity Analysis,

COMPARATIVE ANALYSIS OF SLAUGHTER LAMB PRICES

Data on weekly summaries of slaughter lamb sales in 1996 were analyzed to determine price differences for factors affecting lamb prices. Models were compared with a 1991 study and across regions. Demand and supply variables were found important as well as marketing methods, sale lot sizes, seasonal and regional variables.Livestock Production/Industries,