BEEF SPECIES SYMPOSIUM: Economic considerations related to US beef herd expansion

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dc.contributor.author Tonsor, Glynn T.
dc.contributor.author Schulz, L. L.
dc.date.accessioned 2016-03-30T01:45:01Z
dc.date.available 2016-03-30T01:45:01Z
dc.identifier.uri http://hdl.handle.net/2097/32216
dc.description Citation: Tonsor, G. T., & Schulz, L. L. (2015). BEEF SPECIES SYMPOSIUM: Economic considerations related to US beef herd expansion. Journal of Animal Science, 93(9), 4227-4234. doi:10.2527/jas2014-8473
dc.description Significant attention perpetually surrounds possible changes in breeding herd inventories in the U.S. beef cattle industry. This article outlines economic considerations of U.S. herd expansion. Factors restricting expansion include land availability, increasing production efficiency, operator demographics, capital requirements, and commodity price volatility. Several offsetting factors support herd expansion including unprecedented cow-calf returns, ongoing global beef demand growth, and timing within the current cattle cycle. In addition to these industry-wide factors, several important variations in individual ranch considerations are outlined. The authors' expectations on future herd dynamics are provided, highlighting broader implications for individual operations, industry leaders, and the entire beef-cattle supply chain. The substantial economic impact and importance of the cow-calf sector warrants broader appreciation of these economic factors impacting herd expansion. The future size of the U.S. cattle industry is determined by the individual decisions of over 70,000 cattle owners, making this issue worthy of review by all industry stakeholders.
dc.relation.uri https://doi.org/10.2527/jas.2014-8473
dc.rights Copyright © 2015. American Society of Animal Science. 
dc.rights.uri http://www.sherpa.ac.uk/romeo/issn/0021-8812/
dc.subject Beef Cattle
dc.subject Demand
dc.subject Economics
dc.subject Heifer Retention
dc.subject Herd Expansion
dc.subject Replacement Females
dc.title BEEF SPECIES SYMPOSIUM: Economic considerations related to US beef herd expansion
dc.type Article
dc.date.published 2015
dc.citation.doi 10.2527/jas2014-8473
dc.citation.epage 4234
dc.citation.issn 0021-8812
dc.citation.issue 9
dc.citation.jtitle Journal of Animal Science
dc.citation.spage 4227
dc.citation.volume 93
dc.contributor.authoreid gtonsor


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