Aged (Livestock)
Cows that are over 8 years old.
Agricultural Marketing Service (AMS)
An agency of the U.S. Department of Agriculture. This Agency's responsibilities include administering marketing order programs, standardization, inspection and grading, market news, and the research and promotion programs.
Barrel (Dairy)
A single commercial unit of cheese weighing 500 pounds.
Basic Price (Livestock)
Price paid for livestock before application of any premiums or discounts, expressed in dollars per hundred weight. [1]
Basis Level (Livestock)
The agreed upon adjustment to a futures price to establish the final price paid for livestock.[1]
Biodiesel (B100)
A fuel comprised of mono-alkyl esters of long fatty acids derived from vegetable oils or animal fats. Biodiesel blend stock must be at least 99 percent biodiesel, no more than 1 percent diesel fuel. In Market News it is reported as a vegetable oil based diesel fuel.
Biomass
Renewable materials such as a wood, agriculture crops or wastes used as a source of fuel or energy. Biomass can be burned directly of processed into biofuels such as ethanol and methane.
Block
A single commercial unit of cheese weighing either 40 or 640 pounds.
Boner
Slaughter cows expected to yield carcasses in the range of 80-85% lean. Typically a cow with between .15-.35 inches of backfat at the 12th rib.
Brahman X
Comment used to identify cattle that possess a noticeable degree of the Brahman breed influence, usually 1/4 blood or greater.
