Economic Evaluation of an Alternative Marketing System For Feeder Cattle in Alabama

Abstract
The marketing system for cattle in the United States has evolved with shifts from delivery to large terminal centers, to more decentralized markets. Because of innovations in transportation and processing technology, these structural changes have created a need for greater vertical coordination between different stages in the cattle marketing channels (Rhodes, p. 174; Sporleder, p. 101). Improved coordination requires appropriate market information about product supplies and the form of cattle preferred by buyers (Purcell, 1973, 1980).

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