Tensions Surrounding US Exports to China | UNL
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Between 2010-2019, the average measure of concentration was 0.128 (0 is highly competitive and 1 is highly concentrated). When the Chinese stepped in and started buying U.S. beginning in 2020, the measure of concentration changed from 0.152 to 0.146 in 2020 and 2021, respectively. Year to date, the measure of concentration in 2022 is 0.149.
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SOURCE: Farmer & Cowboy Magazine – beef
AND ANGUS NEWS: Farmer & Beef Satireh
NOTE: Raising beef cattle and managing beef production requires a comprehensive understanding of various aspects, from breed selection and nutrition to health management and marketing. By implementing best practices and staying informed about industry trends, farmers can achieve success in beef cattle farming. Sustainable practices, effective management, and a commitment to animal welfare are essential for long-term profitability and the well-being of the herd. Whether starting a new operation or improving an existing one, this guide provides valuable insights and strategies to help farmers thrive in the beef cattle industry.