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BEEF TRENDS
THE DELAWARE BEEF INDUSTRY
Delaware cattlemen and women are
responsible for the efficient production of high quality beef you consume on a
daily basis. They are constant
contributors to the growth and economic prosperity of Delaware.
Here is a look at some basic beef facts
and figures that show how important beef is to our state, as well as our nation:
According to the Delaware Agricultural Statistics Summary complied by the state statistician’s office, Delaware farmers sold more than
8,400,000 pounds of live weight cattle and calves with total cash receipts of
$6,050,000.00.
As of January 1, 2001, cattle and calves on Delaware farms totaled 27,000
head, with a total value of $24,030,000.00.
These figures include beef and dairy cattle and calve
BEEF ECONOMICS 101
The cattle industry plays an
integral role in the country's economic growth and well being, and has done so
since this country was formed. More than 1 million cattlemen and women do
business in a free-market economy, and represent the largest single segment of
American agriculture.
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Beef’s
share of consumer spending is expected to grow to 40.3 percent and will be
the largest share since 1997. Total beef spending for 2000 is expected to
grow by more than $2 billion and total about $51.3 billion – making it
record large and $6 billion larger than 1997 – Cattle-Fax, May 2000.
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Nearly
nine out of ten households -- or 234 million consumers -- will serve beef in
the next two-weeks – NPD/National Eating Trends, 1999.
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Beef
dominates the retail fresh meat sales, bringing in more than $18 billion in
sales. Beef accounted for 40.2 percent of retail meat sales, compared to
22.9 percent for poultry – the second largest segment of the fresh meat
case – Supermarket Business, 1999.
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Beef
continues to be the most popular item at restaurants, with 7.2 billion
servings, compared to 5.2 billion for chicken, 2 billion for seafood and 500
million for pork. That number represents a 13 percent increase in beef
servings since 1990 – November 1999, NPD/CREST.
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Figures compiled by the State statistician's office
showed that in 2000, Delaware farmers had sold over 8,034,000 pounds of live
weight cattle and calves with total cash receipts of $6,050,000.00. As of
January 1, 2001, cattle and calves on Delaware farms totaled 27,000 head,
with a total value of $24,030,000.00. These figures include both dairy and
beef cattle and calves.

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