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Livestock and meat industry

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 Per Cap Price Exp Imp lbs 1 lbs 2 $/cwt % 3 % 3 Broilers 35.2 80.0 77.59 16.0 0.2

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Livestock and meat industry

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

  2. Livestock & Poultry Markets 2009 Billion Per Cap Price Exp Imp lbs1 lbs2 $/cwt %3 %3 Broilers 35.2 80.0 77.59 16.0 0.2 Beef 26.0 61.6 83.16 7.0 10.6 Pork 23.0 50.8 40.82 19.3 0.1 Turkeys 5.6 17.0 79.72 9.3 0.2 Lamb .17 .97 100.91 8.8 95.3 1/ Billion pounds of US production 2/ Pounds consumed per person per year 3/ As a percent of production

  3. Livestock Marketing Information Center

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

  5. Livestock Marketing Information Center

  6. Livestock Marketing Information Center Data Source: USDA/NASS

  7. Livestock Marketing Information Center

  8. 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

  9. One time capacity

  10. Estimated Beef Packer Capacity Source: CME DLR

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

  12. Commercial Hog Slaughter Companies

  13. 8 3715 68 40 1347 133 295 673

  14. Top 10 Milk Cooperatives, 2008

  15. Million

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