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

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  • Agnew, Donald B.

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.

Suggested Citation

  • Agnew, Donald B., 1973. "Cost of Marketing U.S. Livestock through Dealers and Public Agencies," Marketing Research Reports 312422, United States Department of Agriculture, Agricultural Marketing Service, Transportation and Marketing Program.
    • Handle: RePEc:ags:uamsmr:312422
    DOI: 10.22004/ag.econ.312422
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    Keywords

    Livestock Production/Industries; Marketing;

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