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

dc.citation.doi10.2527/jas2014-8473
dc.citation.epage4234
dc.citation.issn0021-8812
dc.citation.issue9
dc.citation.jtitleJournal of Animal Science
dc.citation.spage4227
dc.citation.volume93
dc.contributor.authorTonsor, Glynn T.
dc.contributor.authorSchulz, L. L.
dc.contributor.authoreidgtonsor
dc.date.accessioned2016-03-30T01:45:01Z
dc.date.available2016-03-30T01:45:01Z
dc.date.published2015
dc.descriptionCitation: 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.descriptionSignificant 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.identifier.urihttp://hdl.handle.net/2097/32216
dc.relation.urihttps://doi.org/10.2527/jas.2014-8473
dc.rightsCopyright © 2015. American Society of Animal Science. 
dc.rights.urihttp://www.sherpa.ac.uk/romeo/issn/0021-8812/
dc.subjectBeef Cattle
dc.subjectDemand
dc.subjectEconomics
dc.subjectHeifer Retention
dc.subjectHerd Expansion
dc.subjectReplacement Females
dc.titleBEEF SPECIES SYMPOSIUM: Economic considerations related to US beef herd expansion
dc.typeArticle

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