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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 ...
[23]: 29 In 1992, 28% of American pigs were raised on farms selling >5,000 pigs per year; as of 2022 this grew to 94.5%. [25] From its American and West European heartland, intensive animal farming became globalized in the later years of the 20th century and is still expanding and replacing traditional practices of stock rearing in an ...
Cow–calf operations are widespread throughout beef-producing countries, [5] and the goal of a cow–calf operation is to produce young beef cattle, which are usually sold. True to the name, farm and ranch herds consist mostly of adult female cows, their calves, and young females, called heifers, which will produce calves once of breeding age.
For example, some animal unit calculations used in Texas assume that daily forage dry matter consumption by a 90-pound nanny Spanish goat is 4.5 percent of body weight. Thus the nanny:cow ratio of daily dry matter consumption is estimated at 4.5:26, or about 0.16. This yields the estimate that such a nanny is equivalent to about 0.16 animal ...
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]
Young cattle (regardless of sex) are called calves until they are weaned, then weaners until they are a year old in some areas; in other areas, particularly with male beef cattle, they may be known as feeder calves or feeders. After that, they are referred to as yearlings or stirks [4] if between one and two years of age. [5]
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 ...