Mandatory Livestock Price Reporting, Market Transparency and Grid Price Dispersion

Scott W. Fausti, Bashir A. Qasmi, Jing Li, Matthew A. Diersen

Research output: Contribution to journalArticlepeer-review


Mandatory livestock price reporting (MPR) was implemented in April 2001. Empirical evidence indicates a significant change in the weekly variability of publicly reported fed cattle grid premiums and discounts occurred after MPR implementation.

We evaluate the effect of increased market transparency resulting from implementation of MPR on grid premium and discount dispersion levels. Empirical results suggest that increased transparency is compatible with either an increase or a decrease in dispersion. These results suggest that during the pre-MPR period, the weekly premium and discount data were drawn from a non-representative sample.
Original languageAmerican English
JournalWestern Agricultural Economics Association Annual Meeting
StatePublished - 2008
Externally publishedYes


  • Fed Cattle
  • Grid Pricing
  • Market Transparency
  • Price Dispersion


  • Economics
  • Business

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