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For example, using UK government Livestock Units (LUs) from the 2003 scheme [1] a particular 10 ha (25-acre) pasture field might be able to support 15 adult cattle or 25 horses or 100 sheep: in that scheme each of these would be regarded as being 15 LUs, or 1.5 LUs per hectare (about 0.6 LUs per acre).
Minimum tick size for the contract is $0.025 per pound, with each tick valued at $10 USD. Trades on the contract are subject to price limits of $0.0375 per pound above or below the previous day's contract settlement price, with an exception that there shall be no daily price limits in the expiring month contract during the last 2 Trading Days.
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]
This simple method is sometimes used for cattle. The number of animal units represented by one or more head of cattle may be calculated by dividing their total body mass in kg by 454 (or dividing their weight in pounds by 1000). Thus an 800-pound steer would be considered equivalent to 0.8 animal units. [4] Estimation based on metabolic body size.
As of 2013 in the US, an FCR calculated on live weight gain of 4.5–7.5 was in the normal range with an FCR above 6 being typical. [8] Divided by an average carcass yield of 62.2%, the typical carcass weight FCR is above 10.
Feeder cattle or store cattle are young cattle soon to be either backgrounded or sent to fattening, most especially those intended to be sold to someone else for finishing before butchering. In some regions, a distinction between stockers and feeders (by those names) is the distinction of backgrounding versus immediate sale to a finisher.
The tradition of fencing out unwanted livestock prevails even today in some sparsely populated areas. For example, until the mid-20th century, most states in the American West were called "open range" ("fence out") states, in contrast to Eastern and Midwestern states which long had "fence in" laws where livestock must be confined by their owners.
A cattle grid on a country road in the Yorkshire Dales Cattle grid on a railway line in northeastern New Mexico Cattle grid in Galong, Australia. A cattle grid – also known as a stock grid in Australia; cattle guard, or cattle grate in American English; vehicle pass, or stock gap in the Southeastern United States; [1] Texas gate in western Canada and the northwestern United States; [2] and a ...
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