The beef balance sheet

The beef balance sheet

Derrell S. Peel

FarmTalk

Supply and demand flows for most agricultural markets are commonly summarized in the form of supply and utilization tables, often called the balance sheet. The balance sheet generally includes supply components as: Beginning Stocks + Imports + Production = Total Supply. Utilization includes demand components as: Exports + Total Use + Ending Stocks = Total Utilization.

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