Assessing the Impact of the COVID-19 Pandemic on Feeder Cattle Prices in Northeast Texas

Author

Kelley Smith

Document Type

Thesis

Degree Name

Master of Science (MS)

Department

Ag Science and Natural Resources

Date of Award

Summer 2022

Abstract

Beef is a prominent commodity in the United States, even though it is understood that the COVID pandemic has affected the beef industry. This study attempts to quantify its effect on feeder cattle prices in Northeast Texas. There are several different stages from farm to fork within the beef industry (cow-calf operations, feeder cattle, stockers, etc.). One that serves as a solid component for the longevity of the beef industry is preconditioned cattle sales. Preconditioned cattle seem to be a less risky and better suiting market to some feedlots which can also bring a competitive nature in the auction ring dependent upon characteristics such as breed, weight, and gender. Ultimately this study concludes that there was a difference among prices from before, during, and current COVID standings of the NETBIO auctions in Northeast, Texas.

Advisor

Jose Lopez

Subject Categories

Agriculture | Life Sciences

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