Economics and The Future For Livestock and Poultry

Livestock & Poultry Economic OutlookLivestock & Poultry Economic Outlook Dr. Steve Meyer, EMI Express Markets, provides key factors in livestock economics for the year. Dr. Meyer provides a depth of analysis that will help management teams to think about how to position themselves well. Low costs, good crops, and animal diseases (PEDv) has been moderated. Some risk factors: Highly Pathogenic Asian Influenza (HPAI), slower demand, macro economics positive but not robust. [video].

SwineCast 0896, COOL Legislation Repeal Deadline Is Now

SwineCast 0896 Show Notes:
  • Nick Giordano Vice President and Counsel, Global Government Affairs for the National Pork Producers Council explains why Mandatory COOL action must be taken by the Senate to stop significant retaliation by Canada and Mexico.

SwineCast 0759, Canadian Pork Council Director Outlines Possible Response To COOL WTO Finding

SwineCast 0759 Show Notes:

SwineCast 0696, What Are Top Priorities At The Legislative Action Conference?

Download mp3SwineCast 0696 Show Notes:
  • National Pork Producers Council Legislative Action Conference gets underway in Washington, D.C. this week.  Over a hundred producers are expected to make the trip and travel up Capitol Hill to discuss topics such as feed availability and the farm bill with their legislators.  NPPC's Vic-President for Domestic Policy Audrey Adamson notes the timeliness and importance of the topics to be shared.

SwineCast 0638, Why Does WTO Think COOL Is Four Letter Word?

Download mp3SwineCast 0638 Show Notes:
  • The World Trade Organization recently found the U.S. Country Of Origin Labeling law to not be fulfilling the stated objectives and impeding access to U.S. markets by our trading partners.  With two perspectives of the issue today, we hear from Kansas State Extension Livestock Economist Glynn Tonsor and Canadian economist Kevin Grier.

Reconfiguring the US Meat Industry: How Politicization is Beginning to Trump Economics

     The U.S. swine industry is about to be reshuffled in some extraordinary ways.  For the first time we are witnessing political ideas at work in the world and in this country which are gaining the upperhand in their attempt to slow down the natural execution of comparative advantage based on efficiency and market economics.  Since 1995 the US industry has enjoyed a steady and sometimes dizzying increase in total demand as net exports rose year after year.  This is a testament to the global effciency of the industry and its ability to deliver a consistent, safe and high quality product.  At the same time, the desire to slow down the expansion of the industry in the US has been building because of a long list of issues which have been slowing gaining political strength. 

Here is All You Need to Know About MCOOL

     According to the USDA talking points released yesterday (1/12/2009) regarding the final estimates for implementing country of origin labeling:

1. The first year implementation costs for directly affected firms is estimated to be 2.629 billion dollars.

2. Costs per firm are estimated to be $370 for each producer, $48,219 for intermediaries, and $254,685 for each retailer.

3. The estimated cost in higher food prices and reduced food production in the tenth year after implementation is 211.9 million dollars.

     Now for the benefits expected:

     "The expected benefits from the implementation of this rule are difficult to quantify.  The Agency's conclusion remains unchanged, which is that the economic benefits will be small and will accrue mainly to those consumers who desire country of origin information." 

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