| A 12-15 months old heifer (or mature cow) |
| impregnated by a bull or though AI |
| after a 9 month (280-285 days) gestation period (pregnancy) |
| creates a 70-100lb calf |
| 6-8 months on a farm with the mother |
| creates a 500-600lb calf |
| which is purchased at around $1,000USD |
| 6-8 months in the feedlot |
| eating 1.5%-2.5% of body weight daily |
| 20-30lbs of feed a day |
| creates a 1200-1300lb animal. |
| 60%-62% of the animal weight yields a fridge carcass |
| a carcass weight of 730-820lbs |
| bones are 20% of the carcasss weight |
| and 350-400 boneless meat from the carcass |
| which is 30%-35% of the live animal weight |
| and the rest is fat trimmings. |
| 30% is Chuck |
| 22% is Round |
| 21% is Loin |
| 11% is Rib |
| 7% is Short Plate |
| 5% is Brisket |
| 3% is Flank |
| 1% is Shank |
| Beef graded by USDA: |
| 2% is Prime |
| 5% is Choice (moderate) |
| 14% is Choice (modest) |
| 34% is Choice (small) |
| Select |
| Standard |
| Commercial |
| Utility* |
| Cutter* |
| Canner* |
How Many Times Product Changes Hands in China
This is an excellent visual of how products entering China flow through multiple ownership. Good for understanding where markup originates and why some imported products (such as wine) is a multiple of the price in the source country, take a look at these who could be in play withing the supply chain.
Different Key Words within Cultural Mentality
AMERICAN CHINESE
Individual Collective
Egalitarian Hierarchical
Information Oriented Relationship Oriented
Linear Circular
Argumentative Haggling
Time is Money - fast meetings Getting to know one another
Informal Formal
Cold Calls Intermediaries
Full Authority to Act Limited Authority
Propose Desired Solution Propose Desired Goals first
Aggressive Questioning
Impatient - make deal Enduring - build relationship
Contract Relationship
Freedom Order
Openness Face
Strength Respect
Confidence Flexibility
Efficiency Patience