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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 William Davies Company facilities in Toronto, Ontario, Canada, circa 1920. This facility was then the third largest hog-packing plant in North America. The meat-packing industry (also spelled meatpacking industry or meat packing industry) handles the slaughtering, processing, packaging, and distribution of meat from animals such as cattle, pigs, sheep and other livestock.
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 operations; this operation is designed specifically to breed cows for their offspring.
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]
The following article lists the world's largest producers of meat. Global meat production has increased rapidly over the past 50 years. According to Our World in Data, meat production has more than quintupled since 1961, reaching around 361 million tonnes in 2022. [1] The most popular meat globally is poultry, followed by pork, beef and mutton.
Tallow, derived from beef waste, is an important raw material in the steel rolling industry, providing lubrication when compressing steel sheets. Meat and bone meal in animal feed was one route for the late-20th century spread of bovine spongiform encephalopathy (mad-cow disease, BSE), which is also fatal to humans. Early in the 21st century ...
The greater part of the meat industry is the meat packing industry – the segment that handles the slaughtering, processing, packaging, and distribution of animals such as poultry, cattle, pigs, sheep and other livestock. An industrial meat packing plant in 2013
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 ...