Livestock and meat industry Per capita consumption Demand

  • Slides: 30
Download presentation
Livestock and meat industry • • Per capita consumption Demand measures Trends Industry segments

Livestock and meat industry • • Per capita consumption Demand measures Trends Industry segments and structure • Think of implication for supply and demand? ? ?

Livestock & Poultry Markets 2009 Billion lbs 1 lbs 2 Broilers 35. 2 Beef

Livestock & Poultry Markets 2009 Billion lbs 1 lbs 2 Broilers 35. 2 Beef 26. 0 61. 6 Pork 23. 0 50. 8 Turkeys 5. 6 Lamb. 17 1/ Per Cap Price. Exp $/cwt %3 %3 80. 0 77. 59 16. 0 83. 16 7. 0 10. 6 40. 82 19. 3 0. 1 17. 0 79. 72 9. 3. 97 100. 91 8. 8 Billion pounds of US production 2/ Pounds consumed person per year 3/ As a percent of production Imp 0. 2 95. 3

Livestock Marketing Information Center

Livestock Marketing Information Center

Measuring consumption • Balance sheet approach Beginning inventories + Production + Imports - Exports

Measuring consumption • Balance sheet approach Beginning inventories + Production + Imports - Exports - Ending inventory = Disappearance • Per Capita consumption = Disappearance Population • A measure of supply rather than demand

Livestock Marketing Information Center

Livestock Marketing Information Center

Livestock Marketing Information Center Data Source: USDA/NASS

Livestock Marketing Information Center Data Source: USDA/NASS

Livestock Marketing Information Center

Livestock Marketing Information Center

US Beef Cattle Sector Packers: 33. 7 million slaughter and 4 = 73% Feedlots:

US Beef Cattle Sector Packers: 33. 7 million slaughter and 4 = 73% Feedlots: 26. 2 million marketings, 260 = 60% Backgrounders Beef Cows: 32. 5 million cows in 758, 000 herds

One time capacity

One time capacity

Estimated Beef Packer Capacity Rank Company Head/Day Share 1 Cargill Meat Solutions 29, 000

Estimated Beef Packer Capacity Rank Company Head/Day Share 1 Cargill Meat Solutions 29, 000 21. 2% 2 Tyson Foods 28, 700 21. 0% 3 JBS Swift 28, 600 20. 9% 4 National Beef Packing 14, 000 10. 2% 5 American Foods Group 7, 000 4. 7% 6 Greater Omaha Packing 2, 900 2. 0% 7 Nebraska Beef 2, 600 1. 9% 8 -13 10, 100 7. 4% Smaller 14, 605 10. 7% Total 136, 855 Source: CME DLR

US Hog Operations and Inventory by Size Based on Ownership of Hogs, 2007 Invent

US Hog Operations and Inventory by Size Based on Ownership of Hogs, 2007 Invent ory Opera tions <500 4 2, 72 8, 760 7, 080 56 500999 10001999 20004999 50009999 2, 840 2, 18 1, 664 768 1, 860 3, 27 2, 496 1, 759 1, 600 6, 13 5, 930 3, 835 670 5, 45 4, 160 8, 141 1000019999 340 20000 - Invent Hogs/O ory peration 5, 45 4, 160 16, 042 6, 13

Commercial Hog Slaughter Companies Compan y 20 2002 03 20 04 20 05 20

Commercial Hog Slaughter Companies Compan y 20 2002 03 20 04 20 05 20 06 20 07 20 08 Smithfiel d 22. 26. 25. 26. 28. 19. 9 5 1 1 5 4 3 Tyson JBS USA 18. 17. 17. 18. 0 0 5 9 4 6 6 11. 10. 10. 11. 10. 7 5 8 8 9 1 8 Cargill 8. 5 9. 2 8. 9 9. 0 8. 7 8. 5 Hormel 7. 0 6. 9 7. 0 8. 4 8. 7 8. 2 TOP 5 64. 68. 71. 69. 71. 74. 73. 1 1 3 8 9 3 4

Percent of U. S. Hogs Sold Through Various Pricing Arrangements, January 1999 -2009* Year

Percent of U. S. Hogs Sold Through Various Pricing Arrangements, January 1999 -2009* Year 99 00 01 02 03 04 05 06 07 08 09 Hog or meat market formula 44. 2 47. 2 54 44. 5 41. 4 39. 9 41. 8 38. 3 37. 1 41. 2 Other market formula 3. 4 8. 5 5. 7 11. 8 5. 7 7. 2 10. 3 8. 8 8. 5 11. 0 7. 9 Other purchase arrangement 14. 4 16. 9 22. 8 8. 6 19. 2 20. 6 15. 4 16. 6 15. 2 13. 4 11. 6 Packer-sold 2. 1 2. 2 2. 1 2. 4 2. 6 6. 7 6. 1 5. 6 Packerowned 16. 4 18. 1 17. 1 21. 4 20 22. 7 23. 1 25. 7 16. 7 13. 5 11. 6 10. 2 8. 6 9. 2 8. 1 Negotiated spot 35. 8 25. 7 17. 3 Source; Grimes and Plain, University of Missouri http: //agebb. missouri. edu/mkt/vertstud 09. htm

8 3715 68 40 133 295 673 1347

8 3715 68 40 133 295 673 1347

Top 10 Milk Cooperatives, 2008

Top 10 Milk Cooperatives, 2008

Million

Million

Livestock and meat industry Per capita consumption DemandLivestock and meat industry Per capita consumption Demand
PER CAPITA APPS 2 PER CAPITA FUNDING 3PER CAPITA APPS 2 PER CAPITA FUNDING 3
Polymer Processing Industry Overview India Per Capita ConsumptionPolymer Processing Industry Overview India Per Capita Consumption
Meat Color ANSC 3404 Meat Color Meat colorMeat Color ANSC 3404 Meat Color Meat color
MEAT MEAT COOKERY Meat refers to the edibleMEAT MEAT COOKERY Meat refers to the edible
Meat Science Muscle to Meat What is MeatMeat Science Muscle to Meat What is Meat
MEAT MEAT COOKERY Meat refers to the edibleMEAT MEAT COOKERY Meat refers to the edible
Meat Chapter 9 Meat Color n Myoglobin meatMeat Chapter 9 Meat Color n Myoglobin meat
CONTENTS Meat ageing Meat tenderization Meat preservation atCONTENTS Meat ageing Meat tenderization Meat preservation at
Meat Types of Meat Beef Meat of aMeat Types of Meat Beef Meat of a
MEAT Meat Most families plan meals around meatMEAT Meat Most families plan meals around meat
Meat PDST Home Economics What is Meat MeatMeat PDST Home Economics What is Meat Meat
Know your meat Livestock Meat Commission for NorthernKnow your meat Livestock Meat Commission for Northern
Windbreaks for Livestock Protection Livestock Protection Livestock NeedsWindbreaks for Livestock Protection Livestock Protection Livestock Needs
PER STIRPES V PER CAPITA V MICHIGAN PerPER STIRPES V PER CAPITA V MICHIGAN Per
California Strawberry Commission Update STRAWBERRY PER CAPITA CONSUMPTIONCalifornia Strawberry Commission Update STRAWBERRY PER CAPITA CONSUMPTION
Lecture 2 Water Consumption Water Consumption The consumptionLecture 2 Water Consumption Water Consumption The consumption
CONSUMPTION FUNCTION What is consumption function Consumption functionCONSUMPTION FUNCTION What is consumption function Consumption function
Lecture 3 Water Consumption Water Consumption The consumptionLecture 3 Water Consumption Water Consumption The consumption
Demand Supply Analysis Demand Demand effective desire DemandDemand Supply Analysis Demand Demand effective desire Demand
Aggregate Demand Chapter 13 Consumption C Consumption TheAggregate Demand Chapter 13 Consumption C Consumption The
Per Capita Personal Income as of State PerPer Capita Personal Income as of State Per
Church Financial Network 2017 Per Capita Bringing PerChurch Financial Network 2017 Per Capita Bringing Per
ECONOMIC INDICATORS ANSWERS GDP PER CAPITA GDP perECONOMIC INDICATORS ANSWERS GDP PER CAPITA GDP per