ANEQ 101 Lecture Notes - Lecture 1: Corn Belt, Gelding, Feedlot
Document Summary
An overview of the livestock and poultry industries: Beef industry, cow-calf, stocker-yearling, feed lot, commercial feeders, poultry industry, browse, forbs, sheep industry, farm flock, range flock, purebred breeder, swine industry, corn belt. Historically, farms were highly diversified in crop and livestock production. Over time, the industry has become more diversified to meet consumer needs. Described as number of animals, pounds produced, production systems, prices, products, people, and profitability. Cash receipts for livestock products make up 44% of all ag commodities. World trade impacts profitability of u. s animal industries. Profitability of livestock industries is influenced by the prices paid to producers for animals and animal products. Changes in consumer preferences and demand, feed prices, and weather, among other factors dictate the need for more/fewer animals produced. Cattle contribute food, fiber, fuel, and draft power. Primary product in developed countries meat. Primary product in developing countries draft power and milk.