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Beef cattle growing and backgrounding programs.

Derrell S Peel1

  • 1Department of Agricultural Economics, Oklahoma State University, 519 Agricultural Hall, Stillwater, OK 74078, USA. dpeel@okstate.edu

The Veterinary Clinics of North America. Food Animal Practice
|September 4, 2003
PubMed
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The stocker industry, a vital but misunderstood sector of the US beef industry, efficiently uses forage resources. It economically adjusts cattle and meat supply in complex markets.

Area of Science:

  • Animal Science
  • Agricultural Economics
  • Beef Production Systems

Background:

  • The United States beef industry encompasses diverse production and marketing activities.
  • The stocker sector is often the least understood component of the beef industry.
  • Stocker operations play a crucial role in the overall beef supply chain.

Purpose of the Study:

  • To elucidate the critical functions and economic importance of the stocker industry.
  • To highlight the stocker sector's role in leveraging forage resources.
  • To explain the stocker industry's contribution to market flexibility.

Main Methods:

  • Analysis of the stocker industry's position within the broader beef market.
  • Examination of the economic mechanisms employed by stocker operations.

Related Experiment Videos

  • Review of the stocker industry's impact on supply chain dynamics.
  • Main Results:

    • The stocker industry is essential for utilizing forage, a key competitive advantage in beef production.
    • It provides an economical method for managing the timing and volume of cattle and meat.
    • This sector significantly contributes to the adaptability of the beef market.

    Conclusions:

    • The stocker industry is a vital, albeit underappreciated, element of the US beef sector.
    • Its strategic use of forage and market adjustment capabilities are crucial for economic efficiency.
    • Understanding the stocker industry is key to appreciating the complexity and resilience of the beef market.