Lec. 21 - U.S Beef Production Industry Flashcards
1
Q
What is all agriculture in the U.S worth?
A
$350 billion
2
Q
Why is ranching challenging?
A
It requires a huge an investment, it is high risk, it mostly relies on family labor, and it is often barely profitable, is requires expertise in a lot, requires a long term commitment, relies on off-ranch income, and it isn’t appealing to young people.
