Cattle Outlook Extension Summer Outlook Conference Indianapolis Indiana August 1415 2017 James G Robb Director LMIC Website wwwlmicinfo 7 USDA Agencies AMS Market News APIS ERS GIPSA Packers amp Stock ID: 767555
Download Presentation The PPT/PDF document "Cattle Outlook Extension Summer Outlook ..." is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
Cattle Outlook Extension Summer Outlook ConferenceIndianapolis, IndianaAugust 14-15, 2017 James G. Robb Director, LMIC Website: www.lmic.info
7 USDA Agencies : AMS (Market News), APIS, ERS, GIPSA (Packers & Stock.), NASS, FAS, and WAOB 12 Associate Members: AFBF ASI NCBA NPB CME-Group Canadian Consortium Noble Research Institute CoBank TCFA TCU NWFCS DLR 28 US Land Grant Universities: USDA Data Sources – NASS, AMS, FAS, and ERS
Topics: Economic Drivers and ….LMIC’s ForecastsWhere Prices AreOutlookDemand ....Domestic Consumer Beef DemandPacker and Retailer MarginsExports and Imports: Beef and CattleCompeting Meats -- Chicken and Pork Crop and Pasture/Range ConditionsMore on Cattle Cyclically -- 2017 a Key Transition Year Returns (Cow-Calf and Feedlot) Management Environment CommentsTopical Issues .... Questions/Discussion
Data Source: USDA-AMS
Data Source: USDA-AMS
Data Source: USDA-AMS, Compiled by LMIC
Data Source: USDA-AMS
Data Source: USDA-AMS
Data Source: USDA-AMS
Data Source: USDA-AMS & USDA-NASS
Data Source: USDA-NASS, Forecasts by LMIC
Data Source: USDA-AMS, Compiled and Forecasts by LMIC
Data Source: USDA-AMS, Compiled and Forecasts by LMIC
Domestic Consumer Demand and ....
Data Source: USDA-NASS, Compiled & Analysis by LMIC
Data Source: USDA-NASS, Compiled & Analysis by LMIC
Data Source: USDA-AMS & USDA-ERS, Compiled & Analysis by LMIC
Data Source: USDA-AMS & USDA-ERS, Compiled & Analysis by LMIC
Exports and Imports
Data Source: USDA-ERS & USDA-FAS
Data Source: USDA-ERS & USDA-FAS
Data Source: USDA-ERS & USDA-FAS
Data Source: USDA-ERS & USDA-FAS
Data Source: USDA-ERS & USDA-FAS
Competition: Chicken and Pork
Data Source: USDA-ERS & USDA-FAS
Data Source: USDA-NASS, Forecasts by LMIC
Data Source: USDA-NASS, Forecasts by LMIC
Data Source: USDA-NASS, Forecasts by LMIC
Crops and Range
Data Source: USDA-NASS, Compiled & Forecasts by LMIC
D2 and D3 Drought Region August 2, 2016
Data Source: USDA-NASS, Compiled & Analysis by LMIC
Cattle
Data Source: USDA-NASS
Data Source: USDA-NASS
Data Source: USDA-AMS & USDA-NASS
Data Source: USDA-AMS & USDA-NASS
Data Source: USDA-NASS; Forecasts by LMIC
Data Source: USDA & LMIC, Compiled by LMIC
Data Source: USDA & LMIC, Compiled by LMIC
Data Source: USDA-AMS & USDA-NASS, Compiled & Analysis by LMIC Latest Data: July 2017
Economic Environment and Managing .… Cattle Feeding – One of Best Years Ever in 2014, to Worst in 2015, to Excellent 2017Cyclically Lower Annual Average Cattle Prices throughout 2018Marketing Calves Against Larger SuppliesCulling and Marketing CowsWhat If ????? Discussion and Questions
Beef Product Markets In Transition: Segmentation SubdivisionSeparationBreakdownDifferentiation
BSEFMDMPR Check-offCAFOFSISorganicNAISWTOCOOLTaxesAI Captive Supply Packer Ban CWT QE IITraceabilityOIE ImportsOil PriceBEVCFTCAPA Free Trade Agreements QSA Farm Bill RFS Immigration Legislation Food Prices LRP Risk Mgmt Cost of Production natural Ethanol CRP Exchange Rate Regionalization Food Safety Horse Harvesting GE Animals H1N1 Grades & Standards Animal Rights GIPSA- Rule Financial Regulation EPA Rules Phytosanitary Crop Insurance Formula Pricing GMO Seed ABF (Antibiotic Free) Issues, Issues, Issues…. LFTB QUALITY AMA’s i-rate Excess Capacity Beta-agonists Sustainability Price Discovery PEDv Price Volatility Public Lands Cultured (Clean) Meat/Poultry
In The News .... U.S. Beef Exports to ChinaJBS Corruption ScandalJapanese Beef SafeguardFederal Government Shutdown and Debt Ceiling....
Thank You!www.lmic.info