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The CME Feeder Cattle Index is calculated using prices reported by USDA's Agricultural Marketing Service (AMS). AMS reports number of cattle sold, average price of sale, and average weight of cattle sold for daily feeder cattle transactions for every US state in 50 pounds (23 kg) segments for each grade segment.
The contracts are for 40,000 pounds of Lean Hogs, and call for cash settlement based on the CME Lean Hog Index, which is a two-day weighted average of cash markets. Minimum tick size for the contract is $0.025 per pound, with each tick valued at $10 USD.
In British Columbia, the Range Regulation defines "animal unit month" for purposes of the Range Act. Effectively, the regulation assigns animal unit equivalents of 1 for a cow (either by herself or with an unweaned calf), 0.7 for a yearling of the genus Bos, 1.5 for a bull, 1.25 for a horse, 0.2 for a sheep, 0.2 for a llama, and 0.1 for an alpaca.
As of 2011 in the US, broiler chickens has an FCR of 1.6 based on body weight gain, and mature in 39 days. [25] At around the same time the FCR based on weight gain for broilers in Brazil was 1.8. [25] The global average in 2013 is around 2.0 for weight gain (live weight) and 2.8 for slaughtered meat (carcass weight). [26]
The cattle industry takes the position that the use of growth hormones allows plentiful meats to be sold for affordable prices. [24] Using hormones in beef cattle costs $1.50 and adds between 40 and 50 lb (18 and 23 kg) to the weight of a steer at slaughter, for a return of at least $25. [25]
An animal unit is the equivalent of 1,000 pounds of "live" animal weight. [1] A thousand animal units equates to 700 dairy cows, 1,000 meat cows, 2,500 pigs weighing more than 55 pounds (25 kg), 10,000 pigs weighing under 55 pounds, 10,000 sheep, 55,000 turkeys, 125,000 chickens, or 82,000 egg laying hens or pullets.
Each week during the 2024-25 NBA season, we will take a deeper dive into some of the league’s biggest storylines in an attempt to determine whether trends are based more in fact or fiction ...
On average, cattle will consume 1.4 to 4% of their body weight daily. [8] There is a range of types of feed available for these animals. The standard text in the United States, Nutrient Requirements of Beef Cattle, has been through eight editions over at least seventy years. [9]
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