How much does the small producer mean to the overall health of the U.S. beef industry, local economies and consumer education efforts? More than you think.

There are many different economic studies looking at the impact of the beef business. An economic impact study from 2014 showed that beef cattle contributed $165 billion to the U.S. economy. This number reflects the direct and indirect impact of the beef industry. With 29.042 million beef cows, according to the 2014 USDA biannual cattle inventory report released in January of that year, that is $5,681.42 per cow. Adjusted for inflation and all things the same, that is $7,668.29 today.

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