Market Sales of Cattle, Hogs Up in 2012
US - In 2012, the total cash receipts from marketings of meat animals increased six per cent to $90.1 billion. Cattle and calves accounted for over 75 per cent of this total and hogs and pigs accounted for nearly 25 per cent.In 2012, total production of cattle and calves and hogs and pigs for the United States totaled 73.5 billion pounds, up one per cent from 2011.
Production increased four per cent for hogs and pigs but decreased one per cent for cattle and calves.
The 2012 gross income from cattle and calves and hogs and pigs for the United States totaled $90.7 billion, up six per cent from 2011.
Gross income for cattle and calves increased eight per cent and hogs and pigs increased two per cent over previous year’s gross income.
Cattle and Calves: Cash receipts from marketings of cattle and calves increased eight per cent from $63.0 billion in 2011 to $67.9 billion in 2012. All cattle and calf marketings totaled 55.4 billion pounds in 2012, down one per cent from 2011.
Hogs and Pigs: Cash receipts from hogs and pigs totaled $22.2 billion during 2012, up two per cent from 2011. Marketings totaled 33.3 billion pounds in 2012, up four per cent from 2011.
Further Reading
You can view the full report by clicking here.
TheCattleSite News Desk