Industry Analysis & Industry Trends
While Americans are reducing red meat consumption and shifting to alternative sources of protein, such as poultry and eggs, industry demand will remain steady. Consumers reduced the quantity and quality of their beef purchases during the recession, and while per capita beef consumption will marginally increase over the next five years, reported health effects regarding beef will likely preclude any significant increase in consumption. Neverthelesss, downstream demand is is expected to remain steady due to increases in disposable income, allowing consumers to purchase pricer industry products... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Beef Cattle Production industry comprises a mixture of concentrated and widely dispersed activities. Typical of many agricultural pursuits, many small operators characterize US cattle ranching. Older producers operate a large portion of these farms, but competitive pressures are forcing smaller farms to close as the industry moves toward specialist large-scale operations that typically incur lower per head costs through economies of scale.
Only about 9.0% of calf-cow operations have herds over 100 head. One explanation for the low level of concentration is that farmers commonly undertake cattle-grazing activities to maximize the use of unmarketable forage and crops... purchase to read more