News Focus
News Focus
Followers 744
Posts 63585
Boards Moderated 9
Alias Born 10/05/2009

Re: Ecomike post# 611229

Monday, 11/20/2023 12:09:27 PM

Monday, November 20, 2023 12:09:27 PM

Post# of 635660
IFUS up 7% already and climbing. This may be why IFUS is breaking out, having scored that feed Lot news Friday, and the Massive JV deal:

Cattle Feed Market CAGR of 4.4 % & $**78.3 Billion by 2027** | Archer Daniel Midland Company, BASF SE, Beijing Goke Agriculture Machinery Co., Ltd., Cargill, Inc

https://www.openpr.com/news/3287967/cattle-feed-market-cagr-of-4-4-78-3-billion-by-2027-archer

"According to a new report published by Allied Market Research titled, "Cattle Feed Market by Cattle Type and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021-2027," The cattle feed market size was valued at $73.5 billion in 2019, and is projected to reach $78.3 billion by 2027, growing at a CAGR of 4.4 % from 2021 to 2027. Asia-Pacific dominated the cattle feed market analysis in 2019, accounting for nearly 42% of the total market share. The cattle feed market exhibits an incremental revenue opportunity of $4.7 billion from 2019 to 2027."

"The dairy segment was the highest contributor to the market, with $41,599.1 million in 2019, and is estimated to reach $45,305.8 million by 2027, at a CAGR of 4.6% during the forecast period. **The beef segment is estimated to reach $33,077.6 million by 2027 **at a CAGR of 4.0%. The fastest growth of dairy segment is attributed by the increase in demand for specific feed made for dairy cattle from dairy cattle farmers.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today