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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]
Cattle producers can hedge future buying and selling prices for feeder cattle through trading feeder cattle futures, and such trading is a common part of a producer's risk management program. [11] Production and marketing contracts for delivering feeder cattle in cash markets could also include feeder cattle futures prices as part of a ...
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]
The California Mid-State Fair’s Junior Livestock Auction was held in the ... of the auctioneer at the Junior Livestock Auction at the California Mid-State Fair in Paso Robles, Saturday, July 30 ...
The auction chant is a repetition of two numbers at a time which indicate the monetary amount involved with the sale of an item. The first number is the amount of money which is currently being offered by a bidder for a given item. The second number is what the next bid needs to be in order to become
The cattle cycle is the approximately 10-year period in which the number of U.S. beef cattle is alternatively expanded and reduced over several consecutive years in response to perceived changes in profitability by producers. Generally, low prices occur when cattle numbers (or beef supplies) are high, precipitating several years of herd ...
The World Livestock Auctioneer Championship is an annual competition of livestock auctioneers who practice the auction chant typical of rural areas in the United States and Canada. The competition is sponsored by the Livestock Marketing Association and was first held in 1963. [1] Brian Curless won the competition in 2017.
Water usage for cattle feed crops represent 70% of the entire Colorado river usage, of which the California dairy industry is a major contributor. [7] Pastures for cattle are often irrigated, ranking third in California's water when placed against water usage for the various crops grown in the state.