Cost of Marketing U.S. Livestock through Dealers and Public Agencies

Donald B. Agnew

No 312422, Marketing Research Reports from United States Department of Agriculture, Agricultural Marketing Service, Transportation and Marketing Program

Abstract: In 1971, cash receipts from sales of U.S. livestock amounted to $19.3 billion for marketing nearly 60 million head of cattle and calves, 100 million hogs, and over 14 million head of sheep and lambs. Marketing costs were estimated at $561 million--2.9 percent of livestock value and up $130 million from 1966 benchmark costs. Direct sales of slaughter stock accounted for nearly three-fourths of total marketing costs; marketing of nonslaughter animals, about one-fourth; and terminal and auction charges, about one-tenth. Marketing costs nationally averaged $3.20 per animal unit for all livestock, all agencies, and all regions in 1966. In 1971 the average cost was estimated at about $3.76 per animal unit. This study examines cost differences among agencies in relation to varying livestock volume handled and marketing services furnished.

Keywords: Livestock Production/Industries; Marketing (search for similar items in EconPapers)
Pages: 34
Date: 1973-06
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uamsmr:312422

DOI: 10.22004/ag.econ.312422

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