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Medientyp:
E-Artikel
Titel:
Grader Bias in Cattle Markets? Evidence from Iowa
Beteiligte:
Hueth, Brent;
Marcoul, Philippe;
Lawrence, John
Erschienen:
Wiley, 2007
Erschienen in:
American Journal of Agricultural Economics, 89 (2007) 4, Seite 890-903
Sprache:
Englisch
DOI:
10.1111/j.1467-8276.2007.01026.x
ISSN:
0002-9092;
1467-8276
Entstehung:
Anmerkungen:
Beschreibung:
<jats:title>Abstract</jats:title><jats:p>Live cattle are increasingly priced as an explicit function of U.S. Department of Agriculture yield and quality grades. Human graders visually inspect each slaughtered carcass and call grades in a matter of seconds as the carcass passes on a moving trolley. We examine whether there is systematic bias in grade calls using a sample of loads delivered to three different midwestern packing plants during 2000–2002. Overall, results indicate that indeed there is a bias, and that grading standards vary significantly across packing plants. Results also are consistent with a behavioral model where graders are more accurate when grading relatively low‐quality carcasses.</jats:p>