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Beef Cattle Production in the US
IBISWorld, Aug 2011, Pages: 35
Lean cuisine: Consumption trends, price movements and volatility point to sluggish growth
Beef Cattle Production in the US
What's for dinner?: It should come as no surprise that growing numbers of Americans have stopped eating red meat during the past five years. Various federal studies have linked red meat consumption to heart disease and cancer, and the increasingly health-conscious American population is responding to the news by switching to alternative sources of protein such as poultry and eggs. In addition to red meat consumption, beef farmers' success depends on the prices of livestock and feed. The industry will continue to experience slim profit margins until establishments increase operational efficiencies and adapt their product to reflect a healthier lifestyle.
This industry includes farms and ranches that primarily raise cattle. It also includes feedlot operations. The cattle this industry produces are used for producing beef, replacing dairy herds and fattening as feeder cattle.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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