overview
The United States is the world's second largest producer, consumer,
exporter, and importer of pork and pork products. Pork accounts
for about a fourth of domestic meat consumption, with imports accounting
for about 5 percent of that. Exports account for about 6 percent
of domestic production.
The U.S. hog herd stands at nearly 60 million animals, with about
68 percent of them in the Corn Belt area, where they have access
to that region's abundant supplies of feed grains and soybean meal.
Another 20 percent of hogs are produced in the Southeast. ERS analyzes
conditions and events relating to the domestic and global pork markets
that influence supply, demand, trade, and prices.
contents
features
U.S. 2003 and 2004
Livestock and Poultry Trade Influenced by Animal Disease and Trade
Restrictions discusses how animal diseases and disease-related
trade restrictions have influenced trade in animal products in the
past few years, with an emphasis on 2003 and forecasts for 2004.
Disease outbreaks and related trade restrictions have slowed previously
expected high growth in many U.S. animal product exports, with U.S.
beef exports most affected.
Livestock, Dairy and Poultry Outlook
provides a monthly analysis of current developments in the livestock
and poultry industry, providing data on animal numbers, meat and
egg production, prices, trade, and net returns. Pork is a featured
commodity in January, April, July, and October.
recommended readings
Annual summaries
of the forces that shaped the animal products industries during
the previous year and how those forces are expected to affect the
current year's outlook are available from the Livestock, Dairy,
and Poultry Outlook page. Instead of providing a separate report
covering all the commodities once a year, we will release summaries
for the various commodities in the newsletter as information becomes
available.
Beef and Pork Values
and Prices Spreads Explained examines how marketing costs affect
livestock and meat prices in the short and long run. Slow price
adjustment explains most of the month-to-month changes in beef and
pork price spreads.
Savvy Buyers
Spur Food Safety Innovations in Meat Processing finds that the
market incentives that motivate private firms to invest in food
safety innovation seem to be fairly weak. Results from an ERS survey
of U.S. meat and poultry slaughter and processing plants and two
case studies of innovation in the U.S. beef industry reveal development
of a number of mechanisms to overcome that weakness and to stimulate
investment in food safety innovation. For the full report, see Food
Safety Innovation in the United States: Evidence from the Meat Industry.
See all recommended readings...
recommended data products
Retail scanner prices for meat
contains monthly average retail price data for selected cuts of
beef, pork, poultry, lamb, and veal, based on electronic supermarket
scanner data.
Standard summary tables provide average retail prices (weighted
by quantity purchased) for meat cuts reported by the Bureau of Labor
Statistics.
A searchable database,
which contains a wider variety of meat cuts, allows users to create
custom tables that can be saved as *.csv or *.html files. The tables
report monthly weighted-average prices, an index of volume sold
(with the monthly average for 2001=100), and the percent of volume
sold with feature discounts.
Recent trade data are presented for major meats and livestock on a
monthly basis, as well
as year-to-date and annual,
and for year-to-date imports under tariff-rate
quotas. Revisions
to the 2003 monthly data were released by the Department of Commerce
in July 2004 (these updates have been incorporated into the year-to-date
and annual tables). As of July 2004, the trade-related tables contain
expanded coverage
of additional variables and regions, with historical
data available for these additions. Export data are for major
U.S. markets; import data are for major supplying countries.
Meat
Price Spreads contains data on retail, wholesale, and farm values
for pork and the price spreads for these values, as well as information
on average U.S. prices of some retail pork cuts.
Red
Meat Yearbook presents monthly, quarterly, and annual data on
commercial livestock slaughter and meat production; livestock and
meat prices and price indexes; inventories of cattle, hogs, and
sheep; and meat supply and utilization.
Given the revised, higher estimates of U.S. population from the
Bureau of Economic Analysis, Department of Commerce, USDA estimates
of per capita consumption values for food products are lower than
previously reported. According to the new population estimates,
the U.S. population for 2001 is about 3 percent larger than earlier
thought. Per capita consumption data for red meat and poultry through
2001 are found in revised supply
and utilization tables.
Hog Costs and Returns
includes hog costs and returns estimates for 2000-01. The data are
collected in a national survey of hog producers as part of USDA's
Agricultural Resource Management Survey (ARMS).
Foreign Agricultural Trade of the United
States (FATUS) provides U.S. agricultural exports and imports,
volume and value, by country, by commodity, and by calendar year,
fiscal year, and month, for varying periods, such as 1935 to the
present or 1989 to the present. Updated monthly or annually.
Production, Supply, and
Distribution (PS&D) contains official USDA data on production,
supply, and distribution of agricultural commodities for the United
States and major importing and exporting countries. The database
provides projections for the coming year and historical data for
more than 200 countries and major crop, livestock, fishery, and
forest products.
related briefing rooms
Animal production and marketing
issues
Agricultural baseline projections
Conservation and
environmental policy
Food CPI, prices, and
expenditures
Food marketing and price spreads
Farm income and costs
Food market structures
Global resources and productivity
Canada
Mexico
North American Free Trade Agreement (NAFTA)
related links
The Foreign Agricultural Service (FAS) hogs
and pork page contains links to publications, charts, and information
on international trade. Of particular interest is Livestock and
Poultry: World Markets and Trade.
National Agricultural Statistics
Service (NASS) provides data on inventories, production, stocks,
balance sheets, and prices by State and nationally, as well as commodity-specific
reports.
Agricultural Marketing Service
(AMS) provides current cash grain and livestock prices, and market
news.
See all related links...
for more information, contact:
Mildred Haley or Leland
Southard
web administration: webadmin@ers.usda.gov
page updated: September 14,
2004
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• World Agricultural Supply and Demand Estimates
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latest data products
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research emphases
a competitive agricultural system
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• Livestock, Dairy, Poultry, Aquaculture
• Livestock, Dairy, Poultry, Aquaculture>Cattle/Beef
• Livestock, Dairy, Poultry, Aquaculture>Hogs/Pork
• Livestock, Dairy, Poultry, Aquaculture>Livestock Market Structure
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