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ANALYSIS: From Cutter Cow to Beef Fresh 90s Price Differences
While price is typically a function of quantity demanded or quantity supplied, there are many factors that contribute to the numeric value one pays; input costs, consumer perception, and price of substitute goods are just a few examples of price factors. In this scenario, we will analyze the difference between an input, or the cutter cow, and the beef fresh 90’s price from packer to first receiver.
Currently, live cutter cows weighing over 500 pounds are selling at an...