The Beef Industry in the 1990s

Abstract

These are some of the most exciting and challenging times for cattlemen and those who provide services for, or supply products to them.

It's a time filled with opportunity and pitfalls -- It all depends on how the situation is approached.

Change is difficult for most of us who prefer to remain in our "comfortable rut". If we choose to remain in this rut, the world will probably pass us by -- But, if we're willing to get out of the rut we can find new opportunity.

Factors influencing the changes being seen today -
* Maturing of the meat industry
* Declining cattle numbers
* Excess capacity in feeding and packing
* Increased competition for supplies
* Narrower margins
* Consolidation and integration

All of these factors are forcing producers and processors to become more efficient, low cost producers, if they want to stay in business.

A look at changes in the structure of the various beef producing and processing segments.