Mandatory Price Reporting, Market Efficiency, and Price Discovery in Livestock Markets
- by Kenneth Mathews, Wade Brorsen, William Hahn, Carlos Arnade and Erik Dohlman
- 9/3/2015
Overview
This report analyzes livestock market price behavior and price discovery before and after the implementation of the 1999 Livestock Mandatory Reporting Act (LMRA). The LMRA was passed in response to concerns about a lack of public disclosure regarding alternative marketing arrangements, as well as concerns about concentration in the meat packing industry. The LMRA is up for renewal in 2015.
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Mandatory Price Reporting, Market Efficiency, and Price Discovery in Livestock Markets
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