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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]
Backgrounding is an intermediate stage sometimes used in cattle production which begins after weaning and ends upon placement in a feedlot.Background feeding relies more heavily on forage (e.g., pasture, hay) in combination with grains to increase a calf's weight by several hundred pounds and to build up immunity to diseases before putting them in a feedlot in preparation for slaughter.
Beef cattle are cattle raised for meat production (as distinguished from dairy cattle, used for milk production). The meat of mature or almost mature cattle is mostly known as beef. In beef production there are three main stages: cow-calf operations, backgrounding, and feedlot operations. The production cycle of the animals starts at cow-calf ...
Dairy Farming in Singapore was an important agricultural industry in the late 19th to early 20th centuries, as it was the only source of fresh milk for the population, before technological improvements enabled large-scale importation of fresh milk. Today, milk in Singapore is largely imported from Australia and Malaysia, with only one small ...
Agriculture in Singapore is a small industry, composing about 0.5% of the total GDP, within the city-state of Singapore. Singapore's reliance on imports for about 90% of its food underscores the paramount importance of food security. To address this, Singapore has set a goal to produce 30% of its nutritional needs locally by 2030. [1]
Intensive animal farming, industrial livestock production, and macro-farms, [1] also known as factory farming, [2] is a type of intensive agriculture, specifically an approach to animal husbandry designed to maximize production while minimizing costs. [3]