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Animal Production and Marketing Issues: Retail Meat Prices and Price Spreads

Price Spreads ERS develops price spreads for beef, pork, broilers, turkey, and eggs as a measure that describes the allocation of the consumer dollar among the various stages of marketing in the livestock/meat industry. The measuring points are the farm, wholesale, and retail levels in the marketing chain. The farm and wholesale prices are from USDA's Market News, and retail prices are from BLS. Prices from these sources are standardized to reflect 1 pound of meat at the retail level. Meat Price Spreads are reported monthly for total (farm to retail), farm to wholesale, and wholesale to retail. Beef values and price spreads measure the value of a Choice s...

Cattle Ranching Hasn’t Changed Much in 200 Years

Outwith the old and in with the new is not necessarily the best way to examinecattle ranching as it is today. Many of the ways the earliest cattle ranchersfrom centuries ago still work today, even in the Internet and high-tech societythat is overtaking the cattle ranching industry. There are significantdifferences from state to state, but there is one thing that they all have incommon and that is that cattle ranching is thriving and the nation’s love ofbeef is not going away anytime soon. TheInternet and new marketing strategies are certainly a part of the new cattleranching industry, but there are plenty of ranchers who are sticking to theirold ways, doing things t...

It Takes Strategy to Build a Cattle Ranch

Ittakes a lot of strategy to figure out how you are going to raise your herd ofcattle. Some people say it is best to buy young calves, and others say that thebest means to build a quality herd is to buy older feeder cattle that canprovide an instant revenue factor. The main thing you have to do is to pursueevery resource possible, and that can include local newspapers, the Internet,local farming organizations, and just doing basic homework. Local auctions arethe perfect place to start your business if you have the money to start yourcattle ranch, but networking with local and national cattle ranchers can makeall the difference. Nextyou have to figure out how to run ...
 

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