Livestock is defined as domestic animals kept in a commercial, agricultural setting for the purpose of producing raw materials such as milk, eggs, meat, fur, bones, and wool for the production of clothing, food, and bedding. It is most commonly used as an expression describing livestock that are fed commercially and that have a direct human interface, such as being fenced in and owned by someone other than the owner. Some examples of commercially fenced in farm livestock include chickens, cattle, and swine. Not all types of livestock are classified as livestock; some examples are wild animals (such as raccoons or birds) and pets. Website
Many factors affect the cost of raising livestock. Livestock are generally farmed to yield milk or meat, and are consequently priced by the amount of milk or meat that they can produce and/or cost to breed and rear. In most cases, it is more expensive to raise beef cows than to raise pork ass. The price of livestock is based on both quality of animal and its production costs.
Livestock plays an important role within our food and farming communities. Many people rely on the annual revenue provided by livestock sales to keep the farms operating. Additionally, many farmers support local producers and trade fairs that allow consumers access to high quality livestock for a reasonable price. The industry has a significant impact on local economies by reducing prices paid by consumers for milk, meat, eggs and other farm products, while helping to build local economic structure. For example, the federal government encourages states to implement effective dairy and animal welfare laws that promote milk production, while encouraging rural families to utilize poultry and beef for economic development and family food consumption. Additionally, the industry provides an important voice for rural American families that advocate for farm and dairy policies that benefit them and their families.