Determinants of Purebred Beef Bull Price Differentials
Bulls are an important investment for commercial beef cattle producers since, over time, bulls introduce most of the new genetic attributes into typical beef cow herds. Therefore, heritable bull traits determine bull prices. Bulls possess a large number of traits to consider in pricing. In recent ye...
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Format: | Article |
Language: | English |
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Western Agricultural Economics Association
1996-12-01
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Series: | Journal of Agricultural and Resource Economics |
Subjects: | |
Online Access: | https://ageconsearch.umn.edu/record/31030 |
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author | Kevin C. Dhuyvetter Ted C. Schroeder Danny D. Simms Ronald P. Bolze Jr. Jeremy Geske |
author_facet | Kevin C. Dhuyvetter Ted C. Schroeder Danny D. Simms Ronald P. Bolze Jr. Jeremy Geske |
author_sort | Kevin C. Dhuyvetter |
collection | DOAJ |
description | Bulls are an important investment for commercial beef cattle producers since, over time, bulls introduce most of the new genetic attributes into typical beef cow herds. Therefore, heritable bull traits determine bull prices. Bulls possess a large number of traits to consider in pricing. In recent years, new measures of both qualities have been introduced in the form of expected progeny differences (EPDs). This study estimates market values associated with specific bull attributes, recently introduced EPDs, and bull sale marketing efforts. Important bull price determinants include bull color, polled, conformation, muscling, disposition, age, birth weight, weaning weight, milk EPD, birth and weaning weight EPDs, sale location, order bull was sold, whether the bull had a picture in the sale catalog, and whether a percentage of semen rights were retained by the seller. |
first_indexed | 2024-12-10T12:47:43Z |
format | Article |
id | doaj.art-26865385518f49eb9f6c68d9bef9a6a8 |
institution | Directory Open Access Journal |
issn | 1068-5502 2327-8285 |
language | English |
last_indexed | 2024-12-10T12:47:43Z |
publishDate | 1996-12-01 |
publisher | Western Agricultural Economics Association |
record_format | Article |
series | Journal of Agricultural and Resource Economics |
spelling | doaj.art-26865385518f49eb9f6c68d9bef9a6a82022-12-22T01:48:21ZengWestern Agricultural Economics AssociationJournal of Agricultural and Resource Economics1068-55022327-82851996-12-0121239641010.22004/ag.econ.3103031030Determinants of Purebred Beef Bull Price DifferentialsKevin C. DhuyvetterTed C. SchroederDanny D. SimmsRonald P. Bolze Jr.Jeremy GeskeBulls are an important investment for commercial beef cattle producers since, over time, bulls introduce most of the new genetic attributes into typical beef cow herds. Therefore, heritable bull traits determine bull prices. Bulls possess a large number of traits to consider in pricing. In recent years, new measures of both qualities have been introduced in the form of expected progeny differences (EPDs). This study estimates market values associated with specific bull attributes, recently introduced EPDs, and bull sale marketing efforts. Important bull price determinants include bull color, polled, conformation, muscling, disposition, age, birth weight, weaning weight, milk EPD, birth and weaning weight EPDs, sale location, order bull was sold, whether the bull had a picture in the sale catalog, and whether a percentage of semen rights were retained by the seller.https://ageconsearch.umn.edu/record/31030bull marketingbull priceshedonic models |
spellingShingle | Kevin C. Dhuyvetter Ted C. Schroeder Danny D. Simms Ronald P. Bolze Jr. Jeremy Geske Determinants of Purebred Beef Bull Price Differentials Journal of Agricultural and Resource Economics bull marketing bull prices hedonic models |
title | Determinants of Purebred Beef Bull Price Differentials |
title_full | Determinants of Purebred Beef Bull Price Differentials |
title_fullStr | Determinants of Purebred Beef Bull Price Differentials |
title_full_unstemmed | Determinants of Purebred Beef Bull Price Differentials |
title_short | Determinants of Purebred Beef Bull Price Differentials |
title_sort | determinants of purebred beef bull price differentials |
topic | bull marketing bull prices hedonic models |
url | https://ageconsearch.umn.edu/record/31030 |
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