Beef Tips

Tag: grid pricing

Grid Pricing Improves Fed Cattle Profits and Consumer Beef

Katy Doumit, graduate research assistant and Ted Schroeder, agricultural economist

Premiums and discounts for US fed cattle have evolved over time in response to changing consumer demand for beef. Cattle producers have benefitted from grid pricing by receiving elevated prices for higher quality beef. Consumers have benefitted from having exceptional beef quality they prefer. Grid pricing refers to valuing a lot of cattle based on carcass merit, including premiums or discounts for traits such as quality grade, yield grade, preferred weight, special branded programs, and more. Continue reading “Grid Pricing Improves Fed Cattle Profits and Consumer Beef”