A cattle management system and method are provided for managing numerous routine and non-routine management activities. The system and method incorporate a data processing system wherein comprehensive data is gathered and maintained on each individual animal as well as on selected groups of animals. Preferably, a central database is used which allows enhanced functionality with respect to not only data entry and data transfer, but also with respect to providing system generated management recommendations. Some significant functionality of the present invention includes the ability to track the location of each individual animal by utilizing unique identification data for each animal, recording all monitored events that take place at each location during the animal's production cycle, managing feeding operations at a feed lot wherein ration changes can be automatically triggered by parameters and rules established for each feed lot, and reporting the events and locations as required to government entities, financial institutions, and other entities within the cattle industry.