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The cattle cycle is the approximately 10-year period in which the number of U.S. beef cattle is alternatively expanded and reduced over several consecutive years in response to perceived changes in profitability by producers. Generally, low prices occur when cattle numbers (or beef supplies) are high, precipitating several years of herd ...
A schematic diagram of the pork cycle. In economics, the term pork cycle, hog cycle, or cattle cycle [1] describes the phenomenon of cyclical fluctuations of supply and prices in livestock markets. It was first observed in 1925 in pig markets in the US by Mordecai Ezekiel and in Europe in 1927 by the German scholar Arthur Hanau . [2]
However, Rosen et al. (1994) proposed an alternative model which showed that because of the three-year life cycle of beef cattle, cattle populations would fluctuate over time even if ranchers had perfectly rational expectations. [9]
However, due to the centuries-long movement of cattle around Europe, R. microplus has dramatically spread from its original range, making it to the United States between 4 and 5 centuries ago. [9] [10] R. microplus is generally found between 32°N and 32°S, a region strongly overlapping with major cattle breeding countries and territories. [9]
Sale prices for calves sold from a cow–calf operation are subject to fluctuation as part of the cattle cycle of financial markets. [12] The relatively long period it takes a cow–calf operator to build up a beef herd and raise new calves to the desired weight tends to extend the length of such a cycle. [1]
Under the climate change scenario of highest emissions and greatest warming, SSP5-8.5, "cattle,sheep, goats, pigs and poultry in the low latitudes will face 72–136 additional days per year of extreme stress from high heat and humidity". [3]: 717
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A large portion of cattle were moved through Arizona en route to California in the 1850s. Permanent herds were not present until the Civil War. [7]During the Civil War era in Arizona, Native American Pima and Maricopa tribes would grow crops such as wheat, corn, beans, melons, and pumpkins by the millions of pounds due to newly acquired technology.