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<blockquote data-quote="simme" data-source="post: 1781439" data-attributes="member: 40418"><p>I was looking yesterday for what % of total US beef production was CAB and read the 7 to 8% number. The article you referenced stated that 2021 numbers were 1.2 billion pounds of CAB. Per USDA, 2021 total US beef production was a little under 28 billion pounds. If those numbers are correct, then CAB would only be 1.2/28 = 4.3%. That 28 billion is carcass weight with the retail equilavence being 19.6 billion pounds. Assuming that 1.2 billion pounds is retail, then using the two retail weight numbers, 1.2/19.6 = about 6%. I guess the true numbers are elusive.</p><p></p><p>CABcattle website does say that 5.9 million carcasses qualified in 2021 and that CAB premiums were $182 million in 2021. That would be only a $31 premium per head. Maybe I read too quickly to digest it all. USDA says 34 million head of cattle slaughtered in US in 2021. 5.9/34 = 17%. May be some black magic in some of those numbers.</p><p></p><p>[URL unfurl="true"]https://www.ers.usda.gov/topics/animal-products/cattle-beef/statistics-information.aspx[/URL]</p><p></p><p>[URL unfurl="true"]https://cabcattle.com/certified-angus-beef-premiums-record-high-in-2021/[/URL]</p></blockquote><p></p>
[QUOTE="simme, post: 1781439, member: 40418"] I was looking yesterday for what % of total US beef production was CAB and read the 7 to 8% number. The article you referenced stated that 2021 numbers were 1.2 billion pounds of CAB. Per USDA, 2021 total US beef production was a little under 28 billion pounds. If those numbers are correct, then CAB would only be 1.2/28 = 4.3%. That 28 billion is carcass weight with the retail equilavence being 19.6 billion pounds. Assuming that 1.2 billion pounds is retail, then using the two retail weight numbers, 1.2/19.6 = about 6%. I guess the true numbers are elusive. CABcattle website does say that 5.9 million carcasses qualified in 2021 and that CAB premiums were $182 million in 2021. That would be only a $31 premium per head. Maybe I read too quickly to digest it all. USDA says 34 million head of cattle slaughtered in US in 2021. 5.9/34 = 17%. May be some black magic in some of those numbers. [URL unfurl="true"]https://www.ers.usda.gov/topics/animal-products/cattle-beef/statistics-information.aspx[/URL] [URL unfurl="true"]https://cabcattle.com/certified-angus-beef-premiums-record-high-in-2021/[/URL] [/QUOTE]
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