2017 Beef Cattle Farming Prospect Analysis and Outlook

What are the prospects for beef cattle farming in 2016? Currently, the market prices of pigs and chickens fluctuate wildly and are the most unstable, while beef prices have been soaring all the way. In recent years, there has never been an extremely abnormal pattern of prices rising and falling sharply. At present, cattle farming is being vigorously promoted across the country, and the prospects for beef cattle farming in 2017 are very promising.

Abundant profits

Beef cattle farming differs from other farming projects. Because cattle have very robust constitutions and relatively strong natural disease resistance, the work involved in epidemic prevention is also relatively easy. Cattle can also be fed more simply. Cattle are herbivores, and they eat a lot of fresh grass every day, which can save a great deal on costs, allowing many people engaged in farming to achieve the effect of small input and large returns.

Policy support

With the further strengthening of national fiscal investment, beef cattle farming is receiving more and more attention. Beef cattle farming now covers the following aspects: the large-scale development of farming sites and the rationalization of farming feed. Beef cattle farming is now no longer just a matter for individual households; the government has joined in and is actively promoting the large-scale development of local beef cattle farming, while continuing to increase its support.

Market prospects

China currently has 138 million head of cattle on hand, and beef output has reached 6.759 million tons, making it the world's fourth-largest beef producer. However, per capita beef output is only 4.3 kg, lower than the world average of 9.8 kg, and even lower than the per capita output levels of some major beef-producing countries. Therefore, consumption potential is still very large. Data show that over the past 15 years, national beef consumption has been growing rapidly, while cattle inventory has basically not changed in 15 years, and the beef gap is growing larger and larger. In the coming years, beef prices will remain very firm, because the problem of production efficiency is very difficult to solve in a short time. This is a rigid increase, and this shortage will become a normal state in the future, so fierce competition in the beef market is not hard to foresee. As things stand now, because the domestic supply-demand gap is relatively large, domestic farming enterprises simply cannot swallow this big cake, nor can they meet market demand at all, and the state may increase import volumes given the overall situation. Even with large imports of beef and mutton from abroad, related domestic enterprises are currently still unaffected. At present, farming beef cattle in China requires no consideration of sales channels, let alone worry about prices, especially for large-scale farming; many slaughterhouses or meat processing plants will come to your door on their own initiative!

Risk warning

Although the prospects for beef cattle farming are quite good, at present in domestic beef cattle farming, the selection of cattle breeds and the quality control of introduced calves are very worrying! At present, a portion of cattle introduced from the Northeast is being concentrated and pushed onto the market. They are not local cattle, so the breeds are not very pure, and enterprises must be carefully chosen when introducing breeding stock. Cattle are often in relatively serious condition after going through several rounds of hardship and injury, but it is generally very difficult to tell when making a selection. Therefore, the domestic farming industry currently needs strict control over breeds and cattle quality in order to guarantee the ultimate benefits for farmers!

Suggestions: Cattle purchasing is risky, so raise them carefully, select breeds well, and prevent disease! In the long run, China's beef cattle industry faces a rare development opportunity and severe challenges. But the opportunities are potential, while the challenges are real. To seize opportunities and meet challenges, the key lies in relying on scientific and technological progress in the beef cattle industry, transforming the traditional beef cattle industry with high and new technology, improving product quality and efficiency, promoting the industrialization of beef cattle, and comprehensively enhancing the international competitiveness of the beef cattle industry. Compared with developed countries, China's beef cattle industry is actually still at a primary-stage level, with still great room for development. In the not-too-distant future, the beef cattle industry will certainly, like the dairy cattle industry today, hold a pivotal position in the national economy.