Captive Supply of Cattle and GIPSA's (Grain Inspection, Packers and Stockyards Administration's) Reporting of Captive Supply

摘要

GIPSA defines captive supply as livestock that is owned or fed by a packer more than 14 days prior to slaughter, livestock that is procured by a packer through a contract or marketing agreement that has been in place for more than 14 days, or livestock that is otherwise committed to a packer more than 14 days prior to slaughter. GIPSAs annual Packers and Stockyards Statistical Report provides statistics on slaughtered cattle that packers reported were packer fed or were procured through forward contracts or marketing agreements. These GIPSA statistics, and their sum as a percentage of the total cattle slaughter, have been commonly referred to and will be referred to in this report as GIPSAs captive supply statistics.