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A cattle grid on a country road in the Yorkshire Dales Cattle grid on a railway line in northeastern New Mexico Cattle grid in Galong, Australia. A cattle grid – also known as a stock grid in Australia; cattle guard, or cattle grate in American English; vehicle pass, or stock gap in the Southeastern United States; [1] Texas gate in western Canada and the northwestern United States; [2] and a ...
This requires trust between the packers and feedlots though, and is under criticism from the feedlots because the amount paid to the feedlots is determined by the packers’ assessment of the meat received. Finally, live- or carcass-weight based formula pricing is most common. Other types include grid pricing and boxed beef pricing.
Countries regulate the marketing and sale of beef by observing criteria of cattle carcasses at the abattoir (slaughterhouse) and classifying the carcasses. This classification, sometimes optional, can suggest a market demand for a particular animal's attributes and therefore the price owed to the producer.
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 cattle grid is an obstacle used to prevent livestock, such as sheep, beeves, pigs, horses, or mules from passing along a road or railway which penetrates the fencing surrounding an enclosed piece of land or border.
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 ...