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 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