Industry Analysis & Industry Trends
For decades, Americans' love of steaks and burgers maintained beef as the most consumed meat in the United States. However, in recent years, consumption of beef has declined due to the health risks associated with red meat. Despite those declines, the skyrocketing price of red meats and growing foreign demand has led to revenue increases in the five years to 2015. In the next five years, beef consumption will only slightly increase, and uncertainty and volatility regarding feed costs will result in a slight drop in revenue growth... purchase to read more
Industry Report - Starting a New Business Chapter
Entry into the Beef Cattle Production industry is fairly uninhibited. Generally, all inputs are readily available, producers can easily shift between agricultural activities depending on market conditions, and cattle ranches are often available for sale. Nonetheless, costs and location pose some of the greatest barriers.
Setting up a farm or a feedlot from the ground up requires significant investment. New participants must raise funds to purchase a feedlot facility, cattle stock, livestock feed and a range of other costs including veterinary services, interest and labor... purchase to read more