Search results
Results From The WOW.Com Content Network
The difference between the selling price for live cattle and the costs of purchasing feeder cattle and feed (usually assumed to be corn, regardless of actual mix of feed used) is referred to as livestock gross margin (LGM), feeding margin, or cattle crush (as opposed to production margin, which also includes other production costs). [21]
Feeder cattle or store cattle are young cattle soon to be either backgrounded or sent to fattening, most especially those intended to be sold to someone else for finishing before butchering. In some regions, a distinction between stockers and feeders (by those names) is the distinction of backgrounding versus immediate sale to a finisher.
This simple method is sometimes used for cattle. The number of animal units represented by one or more head of cattle may be calculated by dividing their total body mass in kg by 454 (or dividing their weight in pounds by 1000). Thus an 800-pound steer would be considered equivalent to 0.8 animal units. [4] Estimation based on metabolic body size.
Cut fodder being transported to feed cattle in Tanzania. Cattle reared on a primarily forage diet are termed grass-fed or pasture-raised; meat or milk may be called "grass-fed beef" or "pasture-raised dairy". [6] The term "pasture-raised" can lead to confusion with the term "free range" which describes where the animals reside, but not what ...
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 word livestock was first used between 1650 and 1660, as a compound word combining the words "live" and "stock". [6] In some periods, "cattle" and "livestock" have been used interchangeably. Today, [specify] the modern meaning of cattle is domesticated bovines, while livestock has a wider sense. [7]
Cattle are not often kept solely for hides, and they are usually a by-product of beef production. Hides are used mainly for leather products such as shoes. In 2012, India was the world's largest producer of cattle hides. [114] Cattle hides account for around 65% of the world's leather production. [115] [116]
Most cattle from these regions are exported as manufacturing beef or as live animals under 350 kilograms live weight to South-East Asia for fattening in feedlots there. Weaner calves for sale by auction. A variety of selling methods are used in Australia and cattle may be sold as studs, store or finished stock.