TopicsTopics

Stay Connected

Follow ERS on Twitter
Subscribe to RSS feeds
Subscribe to ERS e-Newsletters.aspx
Listen to ERS podcasts
Read ERS blogs at USDA

Related Topics

U.S. Beef Industry: Cattle Cycles, Price Spreads, and Packer Concentration

by Kenneth H. Matthews, Jr., William Hahn, Kenneth Nelson, Lawrence A. Duewer, and Ronald A. Gustafson

Technical Bulletin No. (TB-1874) 47 pp, April 1999

Cover Image In early 1996, the peak in the current cycle of cattle inventories coincided with a long list of negative factors--negative returns at the farm and feedlot, record-high feed grain prices, a severe drought in 1995-96, widening farm-retail price spreads, a low farmers' share of the consumers' Choice beef dollar, and reports of high profits for beefpackers. This confluence created an atmosphere in which some producers and members of Congress questioned whether the cattle industry was adversely affected by high packer concentration and market power. This report examines the cattle cycle of the 1990's to determine if there are differences from previous cattle cycles and, if so, how and why any differences occurred.

Keywords: Cattle cycles, price spreads, packer concentration, cattle slaughter, steer and heifer slaughter, cow slaughter

In this publication...

Need help with PDFs?

Last updated: Sunday, May 27, 2012

For more information contact: Kenneth H. Matthews, Jr., William Hahn, Kenneth Nelson, Lawrence A. Duewer, and Ronald A. Gustafson

Share or Save this Page