· The U.S. beef industry is worth an estimated $175 billion with cattlemen conducting business in all 50 states and operating 800,000 individual farms and ranches.
· In July 2003, there were 104.3 million cattle in the United States.
· 35.7 million cattle were harvested in 2003.
· 2002 data shows there were 805,080 cow/calf operations and 95,189 feedlots in the United States according to CattleFax.
· While the United States has less than 10 percent of the world's cattle inventory, it produces nearly 25 percent of the world's beef supply according to 2002 USDA data.
· The U.S. produced 27.1 billion pounds of beef in 2002.
· There are 1.4 million jobs attributed to the beef industry.
· The cattle industry is a family business. Eighty percent of the cattle businesses have been in the same families for more than 25 years; 10 percent fore more than 100 years.
· Cattle are produced in all 50 states and their economic impact contributes to nearly every county in the nation and they are a significant economic driver in rural communities.
· America’s demand for beef has increased more than 15 percent since 1998.
· Consumer beef spending has grown $14 billion compared to the 1990s according to CattleFax.
· Beef is the number one protein in America according to USDA consumption data. In 2002, the average per capita consumption of beef was 64.4 pounds according to USDA consumption data.
· Steak is the single most popular beef dish in-home, eaten more than once a month by the average person. Hamburger is the second most popular in-home item (8.9 percent of all eating occasions) - NPD/National Eating Trends, 2002.
· Beef exports, during 2003, were worth approximately $2.664 billion, variety meat exports were worth $601 million and tallow exports were worth $325 million.
· During 2002, beef exports represented 9 percent of U.S. domestic beef production (2.45 billion pounds vs. 27.1 billion pounds).
Producer-directed and consumer-focused, the NCBA is the trade association of America’s cattle farmers and ranchers, and the marketing organization for the largest segment of the nation’s food and fiber industry.
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