Structure of the Beef Industry Flashcards
1
Q
What are the top 5 cattle countries in the world?
A
- India
- Brazil
- China
- U.S
- E.U
2
Q
What is the relationship between U.S. cattle inventory and beef production?
A
More beef is produced with fewer cattle.
Since the later part of the 70s
3
Q
Who is the #1 global beef producer?
A
U.S.
The U.S. exports a lot of their beef products
4
Q
Why is government data collection good?
A
The government collects data that helps companies predict future outlook.
