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 - Industry Locations Chapter
The geographic distribution of cattle inventory is most heavily dependent on climate and the location of major beef processors. Other less prominent factors are availability of cheap grazing land and the supply of cheap grains. Although cow-calf operations are spread throughout the country, feedlots are heavily concentrated in the Plains and the Southwest regions.
Plains and Southwest
The industry's top two beef cattle producing regions are the Plains and the Southwest. Both of these regions receive much higher prices for feeder cattle relative to pasture-based cattle, due to the quality of their climate zone and their relations with nearby feed suppliers and meat processors... purchase to read more