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    Cattle Ranching Industry Profile

    Report Page Length: 10-12
    Last Quarterly Update: 5/3/2021
    SIC Codes: 0211, 0212
    NAICS Codes: 11211
    Chapters Include:
    Industry Overview Trends & Challenges Industry Forecast
    Quarterly Industry Update Call Prep Questions Website & Media Links
    Business Challenges Financial Information Glossary & Acronyms
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    Excerpt from Cattle Ranching Industry Profile

    Companies in this industry are ranches and farms that raise cattle, including those intended for dairy herd replacements, and feedlots that fatten cattle in preparation for slaughter. Major companies include Cactus Feeders, Five Rivers Cattle Feeding, JR Simplot Company, and King Ranch (all based in the US), as well as ANZCO Foods (New Zealand), JBS (Brazil), and SuKarne (Mexico).

    The global cattle herd totals about 1 billion head, including about 95 million raised in the US, according to Statista and USDA. India, Brazil, the US, China, and the EU are the world's top cattle and beef producers. Rising global demand for meat will fuel growth in the cattle ranching industry.

    The US cattle ranching industry includes about 700,000 operators with combined annual revenue of about $68 billion.

    The industry doesn't include slaughter, processing, or packing operations. Meat processing is covered in the Meat Product Manufacturing profile.

    COMPETITIVE LANDSCAPE

    Demand is driven by food prices, population growth, and global trade policies. The profitability of individual operations depends on production efficiency and anticipating market demand. Large operators have some advantages in volume purchasing and efficient use of labor and equipment. Small operators can compete successfully by producing special grades of beef cattle and by controlling costs carefully. The industry is concentrated: the top 6% of farms generate about 75% of revenue.

    US trade in live cattle takes place primarily with Canada and Mexico. Top countries in ...

     
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