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Essay / Research Paper Abstract
A 5 page paper discussing cattle price in response to economic conditions. Cattle production is no more certain than any other branch of agriculture. Though the animals are more self sufficient than immobile plants, they still are subject to the vagaries of the weather. The market is subject to the whims of buyers. The purpose here is to examine the effects of supply and demand pressures on cattle prices March 2001 to March 2002. Bibliography lists 3 sources.
Page Count:
5 pages (~225 words per page)
File: CC6_KScattlePrice.rtf
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Unformatted sample text from the term paper:
live with a stereotype of being highly conservative, staid and far more interested in reality than in possibilities. Non-farm people believe that many farmers may be of only questionable
intelligence (i.e., they farm because they can do nothing else) and are not trained in much of anything besides tractor driving and tractor maintenance. Those best acquainted with the
business of farming know that nothing could be further from the truth. Cattle production is no more certain than any other branch of
agriculture. Though the animals are more self sufficient than immobile plants, they still are subject to the vagaries of the weather. The market is subject to the whims
of buyers. The purpose here is to examine the effects of supply and demand pressures on cattle prices in the past twelve months.
Historical Basis The trend in cattle production as in other areas of agricultural production is toward larger farms. Operating efficiencies
of these larger operations typically are weaker than on those small family farms that have been disappearing for more than a generation. Even though efficiencies are lower, increased volume
provides a cushion that creates greater cash flow volumes. In contrast to the wild swings of the 1970s and 1980s, cattle prices have
been far more stable in the past several years than previously known. As health reports of the dangers of excessive red meat in the diet continued to emerge in
earlier years, demand for cattle decreased while demand for pork and chicken increased. Several years of intense winter weather interspersed with summer drought encouraged many producers to "dump" cattle
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