牛肉价格价差与加工能力利用率的关系

Charles Martinez, Pengzhen Li, Christopher N. Boyer, T. Edward Yu, Joshua G. Maples
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引用次数: 0

摘要

我们调查了经常公布的活牛对箱牛肉价格价差与每周和周六屠宰能力利用率(CU)的关系。我们发现,在低价差制度下,前一时期价差的增加确实对全国周六屠宰CU产生了积极影响,但在确定的中高价差制度下则没有。此外,每周或周六屠宰铜的变化不会影响价格价差,除非高价位。我们的结果不支持每周或周六屠宰CU被牛肉包装商用来控制价格价差的概念。
本文章由计算机程序翻译,如有差异,请以英文原文为准。

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Beef price spread relationship with processing capacity utilization

We investigate the relationships of the often-publicized live cattle to box beef price spread and weekly and Saturday slaughter capacity utilization (CU). We find that an increase in the price spread in the previous period does positively impact national Saturday slaughter CU under a low price spread regime, but not in the identified middle and high regimes. Also, changes in weekly or Saturday slaughter CU does not impact the price spread except for the high regime. Our results do not support the notion that weekly, or Saturday slaughter CU is used by the beef packers to control the price spread.

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