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In 1997, in response to outbreaks of Bovine spongiform encephalopathy, commonly known as mad cow disease, the United States and Canada banned a range of animal tissues from cattle feed. Feed bans in United States (2009) Canada (2007) expanded on this, prohibiting the use of potentially infectious tissue in all animal and pet food and fertilizers.
The difference between the selling price for live cattle and the costs of purchasing feeder cattle and feed (usually assumed to be corn, regardless of actual mix of feed used) is referred to as livestock gross margin (LGM), feeding margin, or cattle crush (as opposed to production margin, which also includes other production costs). [21]
In animal husbandry, a concentrated animal feeding operation (CAFO), as defined by the United States Department of Agriculture (USDA), is an intensive animal feeding operation (AFO) in which over 1,000 animal units are confined for over 45 days a year. An animal unit is the equivalent of 1,000 pounds of "live" animal weight. [1]
Organic soybean meal prices continue to edge higher and are currently quoted at 630 per metric ton FOB India. There are concerns amongst merchandisers that are helping to keep prices buoyed.
Soybean meal. Soybean meal is used in food and animal feeds, principally as a protein supplement, but also as a source of metabolizable energy. Typically 1 bushel (i.e. 60 lbs. or 27.2 kg) of soybeans yields 48 lbs. (21.8 kg) of soybean meal. [1] Most soybean meal is defatted, produced as a co-product of soybean oil extraction. [2]
The goal is to decrease labor and increase efficiency when it comes to feeding cattle. Recent upgrades have allowed them to go from 250 commercial Angus cows in a 50-year-old building to more than ...
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]
The adjacent western provinces and northern US states are similar, so the use of corn as cattle feed has been limited at these northern latitudes. As a result, few cattle are raised on corn as a feed. The majority are raised on grass and finished on cold-tolerant grains such as barley. [61] This has become a marketing feature of the beef. [9]