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The CME Feeder Cattle Index is calculated using prices reported by USDA's Agricultural Marketing Service (AMS). AMS reports number of cattle sold, average price of sale, and average weight of cattle sold for daily feeder cattle transactions for every US state in 50 pounds (23 kg) segments for each grade segment.
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 ...
The World Agricultural Supply and Demand Estimates (WASDE) is a monthly report published by the United States Department of Agriculture (USDA) providing comprehensive forecast of supply and demand for major crops (global and United States) and livestock (U.S. only). The report provides an analysis of the fundamental condition of the ...
The Governments Inspection and Quarantine Service Relating to the Importation and Exportation of Livestock (Report). United States Department of Agriculture, Bureau of Animal Industry. 1913. "Bulletin 1". Nature, Causation and Prevention of Texas Fever (Report). United States Department of Agriculture, Bureau of Animal Industry. 1893.
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 United States Department of Agriculture (USDA) is an executive department of the United States federal government that aims to meet the needs of commercial farming and livestock food production, promotes agricultural trade and production, works to assure food safety, protects natural resources, fosters rural communities and works to end hunger in the United States and internationally.
For example, some animal unit calculations used in Texas assume that daily forage dry matter consumption by a 90-pound nanny Spanish goat is 4.5 percent of body weight. Thus the nanny:cow ratio of daily dry matter consumption is estimated at 4.5:26, or about 0.16. This yields the estimate that such a nanny is equivalent to about 0.16 animal ...
This merger brought together "responsibility for the collection of farm-level crop and livestock data with that for major domestic and foreign commodity market transactions" in a single agency. [1] While the USDA's data collection activities were developing, the department was also developing expertise in agricultural economics research. [1]