@article{Smith:338472,
      recid = {338472},
      author = {Smith, Kelley and Lopez, Jose A. and Williams, Bob and  Bakhtavoryan, Rafael},
      title = {Assessing the Impact of the COVID-19 Pandemic on Feeder  Cattle Prices in Northeast Texas},
      address = {2023-02},
      number = {2489-2023-1106},
      pages = {27},
      year = {2023},
      abstract = {This study estimates how COVID has affected feeder cattle  prices in Northeast Texas for the period 2019-2021. The  study examines preconditioned cattle, which seem to be a  less-risky and better-suiting market to some feedlots. The  study evaluates two models, a separate means ANOVA model  and a multiple regression model, and uses sales auction  data for the months of September from the North East Texas  Beef Improvement Organization at the Sulphur Springs  Livestock Auction in Sulphur Springs, Texas. A total of 447  lots encompassing 14,941 heads were analyzed to determine  the effects of COVID-19 on feeder cattle prices. The study  found price differences in preconditioned feeder cattle  among various COVID stages. The September 2021 and the  September 2020 auction prices were higher and statistically  different from the September 2019 auction by $10.28/cwt and  $7.09/cwt respectively, regardless of weight, average, and  sex. In addition, several interaction variables as well as  variables such as average weight, heifers, and year were  statistically significant. This study assists feeder cattle  producers, beef organizations, ranchers, and feedlots in  the area in assessing the impact of the COVID-19 pandemic.},
      url = {http://ageconsearch.umn.edu/record/338472},
      doi = {https://doi.org/10.22004/ag.econ.338472},
}