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US. Meat Animals Production and Income 2005 Summary

by 5m Editor
28 April 2006, at 12:00am

US - The 2005 gross income from cattle and calves, hogs and pigs, and sheep and lambs for the U.S. totaled $65.3 billion, up 4 percent from 2004, report the National Agricultural Statistics Service (NASS).

National Agricultural Statistics Service

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.

To view the full report, including tables Click Here (PDF Format)

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