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About what percentage of total livestock marketing income in the U.S. comes from the beef industry?

  1. 25%

  2. 30%

  3. 38%

  4. 45%

The correct answer is: 38%

The beef industry is a significant contributor to total livestock marketing income in the U.S., representing approximately 38% of that income. This figure highlights the importance of beef production within the agricultural sector, as it reflects the considerable demand for beef products both domestically and globally. The beef industry includes various sectors such as cow-calf operations, feedlots, and processing plants, all of which generate substantial revenue. This percentage illustrates not only the scale of beef production but also the economic impact it has on related industries, including feed, veterinary services, and equipment suppliers. Understanding this statistic is crucial for those involved in livestock judging and agricultural economics, as it provides insight into market dynamics and the allocation of resources within the livestock sector.