A new report published by USDA's Economic Research Service documents the ramifications — both good and bad — of the industrialization of U.S. livestock agriculture.
According to the agency’s report, U.S. livestock production has shifted to much larger and more specialized farms, and the various stages of input provision, farm production and processing are now much more tightly coordinated through formal contracts and shared ownership of assets. Important financial advantages have driven these structural changes, which in turn have boosted productivity growth in the livestock sector.
This report relies on farm-level data to detail the nature, causes and effects of structural changes in livestock production.
To access the complete report, click here.
Source: USDA-Economic Research Service