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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]
The country's cattle inventory is shrinking and has been for a while. In its third straight yearly drop, the latest cattle report by the United States Department of Agriculture found that as of ...
The Posted county price (PCP) is calculated for the so-called loan commodities (except for rice and cotton) for each county by the Farm Service Agency in the United States. The PCP reflects changes in prices in major terminal grain markets (of which there are 18 in the United States), corrected for the cost of transporting grain from the county ...
Two all-beef patties are about 5.9% pricier than this time last year. Food prices hold steady, but Americans have a beef with the cost of a burger Skip to main content
Beef prices are high and likely to go much higher. That all-beef hamburger patty will sizzle on the grill, and cause a burn on your budget. New government figures show the price of beef rose about ...
The differences in grading yield incompatible value judgments of beef value in the United States and the EU. [5] Most beef offered for sale in supermarkets in the United States is graded U.S. Choice or Select. U.S. Prime beef is sold to hotels and upscale restaurants, and usually marketed as such.
People with questions can call the USDA Meat and Poultry Hotline at 888-674-6854 or email MPHotline@usda.gov. Bill Poehler covers Marion and Polk County for the Statesman Journal. Contact him at ...
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