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ARE CATTLE ON FEED REPORT REVISIONS RANDOM AND DOES INDUSTRY ANTICIPATE THEM?

Mills, Jeffrey B.; Schroeder, Ted C.
2002
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Cattle on Feed (COF) reports are an important source of beef supply information. This study investigates whether COF report revisions are unbiased, random, and anticipated. Initial COF reports are biased, but the bias is economically small. Revisions to COF estimates are not random. Market analysts do not correctly anticipate revisions.

Title
ARE CATTLE ON FEED REPORT REVISIONS RANDOM AND DOES INDUSTRY ANTICIPATE THEM?
Author(s)
Mills, Jeffrey B.
Schroeder, Ted C.
Subject(s)
Issue Date
2002
Publication Type
Conference Paper/ Presentation
Digital Object Identifier
https://doi.org/10.22004/ag.econ.36643
Record Identifier
https://ageconsearch.umn.edu/record/36643
PURL Identifier
http://purl.umn.edu/36643
Language
English
Total Pages
20
Series Statement
Selected Paper of the 2002 Annual Meeting, July 28-31, 2002, Long Beach, California
Record Appears in
Western Agricultural Economics Association (WAEA) > 2002 Annual Meeting, July 28-31, 2002, Long Beach, California

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