AEST Animal science- chapter #19:
Marketing Beef Cattle Exam Questions and Answers True or False? There is little or no risk in using the futures market. - Correct Answers ✅False True or False? There is little or no risk in using the futures market. - Correct Answers ✅False True or False? Electronic marketing of cattle and beef is not expected to expand in the future - Correct Answers ✅False True or False? The USDA reported that the four largest packing companies controlled 80 percent of all steer and heifer slaughtering - Correct Answers ✅True True or False? The most important factor in selecting a marketing method is the price and cost associated with the selected method - Correct Answers ✅True True or False? A fee that is charged for using a stockyard facility is called yardage - Correct Answers ✅True True or False? Beef animals younger than 1 year of age are called calves; after 1 year of age they are called cattle - Correct Answers ✅True 1 / 2
AEST Animal science- chapter #19:
Marketing Beef Cattle Exam Questions and Answers True or False? It is not necessary for livestock dealers to register with the USDA - Correct Answers ✅False True or False? knowledge of seasonal price changes can help in making management decisions about buying and selling cattle - Correct Answers ✅True True or False? The peak price for slaughter steers and heifers tends to come in April - Correct Answers ✅ ________ governs the price of beef cattle
- Supply
- Demand
- Both supply and demand
- USDA - Correct Answers ✅c. both supply and demand
- yield
- thrift
- prime
- consumer - Correct Answers ✅a. yield
- / 2
The _______ grade of a beef carcass is influenced by carcass weight, ribeye area, and thickness or fat over the ribeye