Costs and returns of producing livestock in the United States--final 1980, preliminary 1981, and projections for 1982

Van Arsdall, R.; Gilliam, H.; Gee, C.K.; Harrison, V.; Crawford, T.

Costs and returns of producing livestock in the United States--final 1980, preliminary 1981, and projections for 1982

1982

Van Arsdall, R. | Gilliam, H. | Gee, C.K. | Harrison, V. | Crawford, T.

Abstract: Livestock costs increased in 1981 from 1980 by about 10 percent for hogs, sheep, and feeder cattle, while fed cattle costs declined. Gross returns in 1981 were up 13 percent for hogs, while other species declined. 1981 net returns above cash costs deteriorated for cattle and sheep, with fed beef incurring a $5 cash loss. Hogs also incurred a small cash loss in 1981, but less than in 1980. Projections for 1982 indicate that costs may increase for cattle and sheep, but decline for fed beef and hogs. Net returns should improve in 1982 for all but feeder cattle.

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