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Oklahoma beef cattle on the hoof were worth about $3.3 billion in January 2022, the most recent estimates, more than hogs and pigs, broilers, hay, winter wheat, cotton, corn and soybeans.
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 rising price of U.S.-produced meat, from cattle like those pictured here, comes after a long down slide and has been prompted in part by a classic case of supply and demand.
Cattle drives involved cowboys on horseback moving herds of cattle long distances to market. Cattle drives were at one time a major economic activity in the American West , particularly between the years 1866-1895, when 10 million cattle were herded from Texas to railheads in Kansas for shipments to stockyards in Chicago and points east.
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]
U.S. consumers grappling with soaring inflation face more pain from high beef prices as ranchers are reducing their cattle herds due to drought and lofty feed costs, a decision that will tighten ...
Cattle feeding on a large scale was first introduced in the early 60's, when a demand for higher quality beef in large quantities emerged. [24] Farmers started becoming familiar with the finishing of beef, but also showed interest in various other aspects associated with the feedlot such as soil health , crop management, and how to manage ...
Graeme Milroy Glen Parker (born 1982 [3]) is a Scottish cattle hoof trimmer and YouTuber. His YouTube channel, The Hoof GP, was created in 2019 and primarily consists of videos of hoof trimming. It is the largest agricultural YouTube channel in the world with more than 100 million views a month and has more than six million followers across ...