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The Eastern Young Cattle Indicator (EYCI) is an indicator of general cattle markets in Australia. It is calculated based on a seven-day rolling price average expressed in cents per kilogram carcase (or dressed) weight (¢/kg cwt). [1] The EYCI sources data from 23 saleyards in New South Wales, Queensland and Victoria. [2]
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]
Liniers cattle market, Buenos Aires, Argentina, 2009. The commodity status of animals is the legal status as property of most non-human animals, particularly farmed animals, working animals and animals in sport, and their use as objects of trade.
There were 3.89 million beef cattle in New Zealand as of June 2019. [20] In the 12 months to December 2020, 1.59 million adult beef cattle and 1.15 million adult dairy cattle were processed, producing 698,380 tonnes of beef. In addition, 1.86 million calves and vealers were processed, producing 30,150 tonnes of veal. [32]
Karachi Cattle Market is located at a distance of 13 kilometers from Sohrab Goth Interchange. The size of the market is over 900 acres, where more than 700,000 livestock, including cows, goats and lambs are displayed for sale. [5] The sellers mainly arrive from rural regions of Sindh and Punjab, where livestock farming is a common profession.
In 2020, the livestock industry contributed 60.6% to overall agriculture and 11.7% to the GDP. [2] As of 2020, there were approximately 41.2 million buffaloes, 49.6 million cattle, 5.4 million donkeys, 78.2 million goats and 30.9 million sheep in Pakistan. [2] Commercial poultry numbered 170.1 million broilers and 10.36 million layers in 1999 ...
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Feeder cattle futures contracts, traded on the Chicago Mercantile Exchange (CME), can be used to hedge and to speculate on the price of feeder cattle. Cattle producers can hedge future buying and selling prices for feeder cattle through trading feeder cattle futures, and such trading is a common part of a producer's risk management program. [11]