Colorado is attracting and developing more high

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Unformatted text preview: ficiency cattle feeding, while smaller, less efficient feedlots in the Midwest are reducing volume substantially. This long-term structural shift in geography provides an opportunity for Colorado’s cattle and beef industry. Cow-calf operations could prosper with record nominal net returns on a per cow basis in 2012, if Mother Nature cooperates. Colorado’s dairy industry revenues rebounded strongly in 2011 as cash receipts soared to an estimated record $600 million. In the middle of the recession, just two years earlier, cash receipts for dairy products were only $359 million. Colorado’s relatively high efficiency milk output per cow continues to support the industry. Strong exports are expected to continue in 2012, but not at the double-digit growth levels of 2011. The highly anticipated new state-of-the-art Leprino Foods plant in Greeley began adding to local milk demand early in November 2011, with full capacity expected to be reached in 2013. At final build-out, it is estimated that t...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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