Scale and utilization economics in feeding cattle under three feeding systems : a feasibility study
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"Since the end of World War II the cattle feeding industry in the United States has been characterized by three major, and to a certain degree, related developments: 1. A marked expansion in numbers. In the two decades from 1945 to 1965 the number of cattle on feed January 1 in the 26 principal cattle feeding states increased 115 percent. A shift in location from the west north-central states to the southern plains and the western United States. From 1946 to 1965 the west north-central states' share of the number of cattle fed dropped from 60 percent to 47 percent. While at the same time the proportion accounted for by the southern plains and the western states advanced from 18 percent to 33 percent. 3. A shift in the structure in the industry from the traditional corn belt farmer-feeder who feeds cattle primarily as a complementary enterprise and who views cattle as a means of utilising his surplus labor and some farm-produced feedstuffs for which a market is either non-existent or negligible-a shift from this type of operation to the large, strictly commercial feedyard where all inputs are purchased, and where feeding cattle is the major, if not the sole enterprise. Since World War II the cattle feeding industry has evolved into a clear-cut dichotomy made up of these two segments. To be sure, there are graduations. But in the main, one has little difficulty in categorizing a particular operation into one or the other of these two groups."--Introduction.
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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License.