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 - 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