Many alternative investment ideas have been discussed to ensure the Missouri cattle industry grows and takes full advantage of its economic potential. Increased feeding of cattle in the state has been one area of focus and this report shows that for every 10,000 head of Missouri calves that remain in Missouri to be finished, there is an additional $6 million in value-added to the Missouri economy. Processing cattle in Missouri also adds value to the Missouri economy. Every $100,000 in new beef processing industry sales provides an additional $122,000 to Missouri’s economy.
Organization |
University of Missouri Extension |
Publisher |
University of Missouri |
Published |
March, 2016 |
Material Type |
Written Material |