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Live cattle is a type of futures contract that can be used to hedge and to speculate on fed cattle prices. Cattle producers, feedlot operators, and merchant exporters can hedge future selling prices for cattle through trading live cattle futures, and such trading is a common part of a producer's price risk management program. [1]
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The country's cattle inventory is shrinking and has been for a while. In its third straight yearly drop, the latest cattle report by the United States Department of Agriculture found that as of ...
The Posted county price (PCP) is calculated for the so-called loan commodities (except for rice and cotton) for each county by the Farm Service Agency in the United States. The PCP reflects changes in prices in major terminal grain markets (of which there are 18 in the United States), corrected for the cost of transporting grain from the county ...
Sorry to put a damper on grilling season, but beef seems to be getting more expensive. Beef, milk and egg prices are rising and not likely to stop any time soon thanks in large part to a drought.
U.S. consumers grappling with soaring inflation face more pain from high beef prices as ranchers are reducing their cattle herds due to drought and lofty feed costs, a decision that will tighten ...
A carcass grade (or expected carcass grade) is used to determine selling prices for cull cows, which are estimated to comprise 20% of the beef available to consumers in the United States. [ 1 ] A Body Condition Scoring system or BCS, which is used to grade live cows and bulls, is used to determine the carcass grade. [ 1 ]
A USDA reorganization in 1961 led to the creation of the Statistical Reporting Service, known today as National Agricultural Statistics Service (NASS). [1] The 1997 Appropriations Act [2] shifted the responsibility of conducting the Census of Agriculture from U.S. Census Bureau to USDA. Since then the census has been conducted every five years ...
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