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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]
Crop or Livestock Global gross production value in billion US$ Global production in metric tons Global production in US$/metric ton Country with highest gross production value in billion USD Rice, paddy: $332: 751,885,117 $442: $117 (Mainland China) Pig, meat: $280: 118,956,327 $2,354: $167 (Mainland China) Cattle, meat: $269: 64,568,004 $4,166 ...
The Eastern Young Cattle Indicator (EYCI) is an indicator of general cattle markets in Australia. It is calculated based on a seven-day rolling price average expressed in cents per kilogram carcase (or dressed) weight (¢/kg cwt). [1] The EYCI sources data from 23 saleyards in New South Wales, Queensland and Victoria. [2]
It uses between 20 and 33% of the world's fresh water, [81] Livestock, and the production of feed for them, occupy about a third of the Earth's ice-free land. [82] Livestock production contributes to species extinction, desertification, [83] and habitat destruction. [84] and is the primary driver of the Holocene extinction.
Intensive animal farming, industrial livestock production, and macro-farms, [1] also known as factory farming, [2] is a type of intensive agriculture, specifically an approach to animal husbandry designed to maximize production while minimizing costs. [3]
"The New Foreign Cattle Market, Deptford: the Central Shed", Illustrated London News, 2 Feb 1872. The Foreign Cattle Market in Deptford (1872–1913) was one of the two great livestock markets of London; from it came about half the capital's supply of freshly killed meat.
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[110] [111] [d] As a research body, M&LA releases indicators and supports standards which aim to simplify complex market functions and inform consumers in the meat and livestock markets. [ 112 ] [ 113 ] [ 114 ] The market standards endorsed by M&LA indicate the minimum meat and livestock requirements producers should aim to meet in Australia ...