Animal Science Department

 

Title

The Future of the Beef Industry

Document Type

Article

Date of this Version

December 2005

Comments

Published for the Proceedings, The Range Beef Cow Symposium XIX December 6, 7 and 8, 2005, Rapid City, South Dakota.

Weaber and Miller (2004) said “The structure of the cattle industry has changed dramatically over time, particularly in the packing and feeding segments. It’s a change driven by market dynamics that require participants to minimize production costs while at the same time, maintaining or improving quality. Producers that have met these two demands have remained in business through the various ‘boom or bust’ cycles in the beef industry.”