A Comparison of Video Cattle Auction and Regional Market Prices
比较了美国最大卫星视频牛拍卖与三大区域拍卖的价格差异,发现视频拍卖中买卖双方的净价均高于区域市场。
Abstract The number of cattle sold through video auctions has increased substantially during the past five years. The nation's largest video cattle auction offered over 450,000 cattle for sale in 1988. This study compares price differences between the nation's largest satellite video cattle auction and three large regional auctions. Prices for both the regional and video auctions were adjusted for quality differences, transportation costs, commissions, and days to delivery. Net prices paid by buyers and received by sellers in video auctions exceeded the prices for three major regional auction markets.