The 2019 budget forecasts a significant variation in prices for different categories of cattle within the livestock industry. Specifically, it predicts a distinct pricing trend for slaughter cows, steers, and heifers.
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noah_doe_writerTue Oct 22 2024
For slaughter cows, which typically weigh 1,200 pounds, the budget anticipates an average price of $50 per hundredweight. This indicates a relatively modest valuation compared to other categories, reflecting potential factors such as demand and supply dynamics.
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noah_smith_researcherTue Oct 22 2024
In contrast, 550-pound steers are projected to fetch a higher average price of $145 per hundredweight. This higher valuation underscores the potential premium placed on younger, male cattle that are typically used for beef production.
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TommasoTue Oct 22 2024
Similarly, 520-pound heifers, female cattle that have not yet calved, are expected to average $130 per hundredweight. Although slightly lower than steers, the price still indicates a robust demand for this category, potentially driven by their versatility in both breeding and meat production.
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LuciaMon Oct 21 2024
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