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Arkansas Animal Science Unit 8

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
show auction market  
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an established $1 per head fee for every head of beef sold in the United States   show
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a product made from part of an animal that is not used for food   show
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the amount of product buyers will purchase at a given time for a given price   show
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a form of auction selling used mainly for feeder cattle   show
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show forward contracting  
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an agreement to take or make delivery of a product in the future at a specified price; involves futures trading on a commodity exchange   show
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the processes and functions of moving animals and animal products from the producer to the consumer so that consumer demand is satisfied   show
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show options  
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show Packers and Stockyards Act  
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show private treaty  
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show shrinkage  
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amount of product that producers will offer for sale at a given price at a given time   show
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show terminal market  
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Created by: charissamoore
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