The Influence of Fat and Weight on the Price of Lamb in the Homebush Livestock and Wholesale Markets

An econometric analysis is reported of the relationship between price, and fat cover and weight, in the Homebush livestock and wholesale markets in 1987, 1988 and 1989 using data from the Livestock Market Reporting Service. Implicit prices for changes in weight and fat cover were estimated while accounting for changes in supply and demand conditions for lamb. The analysis lends support to the view that consumer preference for leaner lamb was not being reflected in prices offered for lamb in traditional auction markets.


Issue Date:
1995-04
Publication Type:
Journal Article
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/12467
PURL Identifier:
http://purl.umn.edu/12467
Published in:
Review of Marketing and Agricultural Economics, 63, 01
Page range:
64-76
Total Pages:
13




 Record created 2017-04-01, last modified 2020-10-28

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