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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]
MLA Donor Company is classified as a 'donor body' under the Australian Meat and Livestock Industry Act 1997 (Cth). MLA Donor Company Limited (MDC) is limited by guarantee and is wholly owned by M&LA Ltd. [93] Established in 1998, MDC is funded by the Australian Federal Government and voluntary contributions by M&LA partners, including ...
In real terms, both sheep and lamb prices have risen in nominal terms and have subsequently increased in the last three decades. Quarterly retail prices for lamb rose by 93% from 2000. In short, the 2000s was a decade characterised by volatility and a rising in lamb prices.
The value and production of individual crops varies substantially from year to year as prices fluctuate on the world and country markets and weather and other factors influence production. This list includes the top 50 most valuable crops and livestock products but does not necessarily include the top 50 most heavily produced crops and ...
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 ...
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 Livestock Mandatory Reporting Act of 1999 (Title IX of the FY2000 USDA appropriations act (P.L. 106-78)) requires large packers and importers to report to USDA the details of all transactions involving purchases of livestock and imported boxed lamb cuts, and the details of all transactions involving domestic and export sales of boxed beef cuts, sales of domestic and imported boxed lamb ...
On the other hand, higher global prices actually mean farmers with successful yields earn more, and this thus increases their productivity. [16] Investing in the agricultural productivity of women in farming communities is of particular importance in boosting economic development and food security in parts of the developing world. Women in some ...