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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]
A stockyard company managed the work of unloading the livestock, which was faster and more efficient than using railway staff. [1] Terminal stockyards received, handled, fed, watered, weighed, held, and forward-shipped commercial livestock. [2] The Chicago Union Stock Yards were the most famous and enduring example of this type of commercial ...
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 ...
Throughout most of human prehistory and history, the primary means of livestock transportation was by droving.The reason was usually either for seasonal grazing movement (to move them to a summer grazing range or to move them to an overwintering range or shelter) or to bring them to market of one form or another, whether bartering livestock (between farmers) or selling them (whether as stores ...
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In 1947 they were second to Chicago in the world. Omaha overtook Chicago as the nation's largest livestock market and meat packing industry center in 1955, a title which it held onto until 1971. [3] The 116-year-old institution closed in 1999. [4] The Livestock Exchange Building was listed on the National Register of Historic Places in 1999. [5]
Intensive animal farming, industrial livestock production, and macro-farms, [1] also known as factory farming, [2] is a type of intensive agriculture, specifically an approach to animal husbandry designed to maximize production while minimizing costs. [3]
The Michigan State Fair, first held in 1849, was the nation's first state fair. It was held in various locations throughout Michigan until 1904, when Joseph L. Hudson formed the State Fair Land Company, acquired 135 acres of land at this site, and deeded it to the Michigan Agricultural Society. The 1905 Michigan State Fair was held on this site.
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