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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 station moved to channel 25 in 1964 and had several owners, including Kansas City Southern Industries, Price Communications, and Granite Broadcasting Corporation. In 2009, WEEK-TV began programming WHOI (channel 19), then Peoria's affiliate of ABC and The CW, under agreements with Sinclair Broadcast Group ; the news departments of the two ...
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]
Young cattle (regardless of sex) are called calves until they are weaned, then weaners until they are a year old in some areas; in other areas, particularly with male beef cattle, they may be known as feeder calves or feeders. After that, they are referred to as yearlings or stirks [4] if between one and two years of age. [5]
The cattle industry takes the position that the use of growth hormones allows plentiful meats to be sold for affordable prices. [24] Using hormones in beef cattle costs $1.50 and adds between 40 and 50 lb (18 and 23 kg) to the weight of a steer at slaughter, for a return of at least $25. [25]
Since cattle are herbivores and need roughage in their diet, silage, hay and/or haylage are all viable feed options. [14] Despite this, 3/4th of the 32 pounds (14.52 kg) of feed cattle consume each day will be corn. [15] Cattle weighing 1000 lbs. will drink an average of 41 L a day, and approximately 82 L in hot weather. [16]
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Dairy products and wheat are important secondary crops in specific segments of the state. In addition, some Illinois farmers grow specialty crops such as popcorn and pumpkins. The state is the largest producer of pumpkins among the U.S. states. [13] There is a large watermelon growing area centered on Lincoln, Illinois. Illinois wine is a ...