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South Dakota
MEAT PRODUCTION, DISPOSITION, AND INCOME

News Release

April 29, 2005


SOUTH DAKOTA MEAT ANIMAL CASH RECEIPTS HIGHER IN 2004

SIOUX FALLS, April 29, 2005 _ The 2004 cash receipts from cattle, hogs, and sheep in South Dakota totaled $2,042.7 million, up 12 percent from 2003, according to USDA's South Dakota Agricultural Statistics Office. Cattle accounted for 80 percent of the total, hogs for 18 percent, and sheep for 2 percent. Cash receipts increased in 2004 for cattle and hogs , but decreased for sheep. Gross income from meat animals (which includes value of home consumption) in South Dakota during 2004 totaled $2,059.4 million, up 12 percent from 2003.

Cattle and Calves: South Dakota cash receipts from marketings of cattle and calves increased from $1,508.8 million in 2003 to $1,639.1 million in 2004. Larger cash receipts were credited to higher prices. The South Dakota annual average price per 100 pounds live weight for cattle in 2004 was $89.30, compared with $78.70 for 2003, while the calf price was $125.00 in 2004, compared with $107.00 in 2003.

Hogs and Pigs: South Dakota cash receipts from hog and pig marketings in 2004 totaled $371.0 million, up 35 percent from the $274.7 million in 2003. Higher average prices, and a larger pig crop increased cash receipts. The annual average price for all hogs increased from $38.60 in 2003 to $50.40 in 2004, while marketings increased from 3,313,500 head in 2003 to 3,429,500 head in 2004.

Sheep and Lambs: South Dakota cash receipts from marketings of sheep and lambs in 2004 were $32.6 million, down 3 percent from $33.7 million in 2003. The annual average price for sheep increased from $37.20 in 2003 to $40.90 in 2004, and lamb prices increased from $106.00 in 2003 to $115.00 in 2004. Sheep marketings decreased during 2004 .
                        

        
The complete report can be accessed at www.usda.gov/nass/
or call Carter Anderson or Steve Noyes at
605-323-6500


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