Summary

Gross income increased for cattle and calves, hogs and pigs, and sheep and lambs. Cattle and calves increased 4 percent, hogs and pigs increased 5 percent, and sheep and lambs increased 10 percent.

Total 2005 cash receipts from marketings of meat animals increased 4 percent to $64.8 billion. Cattle and calves accounted for 76 percent of this total, hogs and pigs 23 percent, and sheep and lambs 1 percent. Production increased for all cattle and calves, hogs and pigs, and sheep and lambs. Average prices were up for all three species.

Hogs and Pigs: Cash receipts from hogs and pigs totaled $15.0 billion during 2005, up 5 percent from 2004. Marketings totaled 28.5 billion pounds in 2005, up 3 percent from 2004. The U.S. annual average price per 100 pounds live weight increased from $49.30 in 2004 to $50.20 in 2005.

Cattle and Calves: Cash receipts from marketings of cattle and calves increased from $47.5 billion in 2004 to $49.2 in 2005, a 4 percent increase. All cattle and calf marketings totaled 53.1 billion pounds in 2005, down 2 percent from 2004. The U.S. annual average price per 100 pounds live weight for cattle was $89.70, an increase of $3.90 from 2004. For calves, the annual average price increased from $119.00 to $135.00.

Sheep and Lambs: Cash receipts from marketings of sheep and lambs in 2005 were $570 million, up 10 percent from 2004. Marketings increased slightly to 571 million pounds. The U.S. annual average price per 100 pounds live weight for sheep increased from $38.80 in 2004 to $45.10 in 2005 while for lambs, the annual average price increased from $101.00 to $110.00.

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