According to USDA’s annual Meat Animals Production, Disposition, and Income report released this week, 2009 gross income from cattle and calves, hogs and pigs, and sheep and lambs for the U.S. totaled $59.0 billion, down 10 percent from 2008. Gross income decreased for cattle and calves, hogs and pigs, and sheep and lambs. Cattle and calves decreased 10 percent, hogs and pigs also decreased 10 percent, while sheep and lambs decreased 3 percent.

Total 2009 cash receipts from marketings of meat animals decreased 10 percent to $58.6 billion. Cattle and calves accounted for 75 percent of this total, hogs and pigs 24 percent, and sheep and lambs 1 percent. Production decreased for all cattle and calves, hogs and pigs, and sheep and lambs.

Hogs and Pigs: Cash receipts from hogs and pigs totaled $14.4 billion during 2009, down 10 percent from 2008. Marketings totaled 32.7 billion pounds in 2009, up slightly from 2008.

Cattle and Calves: Cash receipts from marketings of cattle and calves decreased 10 percent from $48.5 billion in 2008 to $43.8 in 2009. All cattle and calf marketings totaled 54.1 billion pounds in 2009, down 1 percent from 2008.

Sheep and Lambs: Cash receipts from marketings of sheep and lambs in 2009 were $436 million, down 3 percent from 2008. Marketings decreased 6 percent to 494 million pounds.

The full report is available online from USDA.

Source: USDA