US beef prices hit record high as drought threatens cattle herds
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Live Cattle Price
“Live cattle” is bred primarily in the USA by cattle breeders in Texas, Kansas, Nebraska, Colorado, Oklahoma, Iowa, South Dakota, Minnesota and Montana. All of these regions share a very cold winter, and so young calves must be born in spring wherever possible, as they require good weather. (read more)
The calves stay with their mothers for between six and ten months. During this time they reach a weight of between 300 and 500 pounds. Once they have reached this weight they are sold to special cattle breeders who bring the calves up to a mast weight of between 600 and 800 pounds over the next 2 to 4 months. After this, the calves are fattened as feeder cattle at special fattening farms until they have reached the slaughter weight of between 1050 and 1200 pounds. This is the case after between 110 and 250 days. There are two key factors in cattle breeding: The costs of animal feed, consisting primarily of maize, and the number of animals. Consequently, there is a direct relationship between feeder cattle and live cattle, since a shortage of feeder cattle can also lead to an underproduction of live cattle. It takes breeders between 7 and 12 years to assemble a herd of cattle, but only around 5 years to disassemble it.
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