Presentation is loading. Please wait.

Presentation is loading. Please wait.

Update on the Pet Food Sector in the United States Duane Ekedahl, President, Pet Food Institute GAPFA Meeting, Vancouver, Canada November 7, 2012.

Similar presentations


Presentation on theme: "Update on the Pet Food Sector in the United States Duane Ekedahl, President, Pet Food Institute GAPFA Meeting, Vancouver, Canada November 7, 2012."— Presentation transcript:

1 Update on the Pet Food Sector in the United States Duane Ekedahl, President, Pet Food Institute GAPFA Meeting, Vancouver, Canada November 7, 2012

2 The 2012 Drought

3 Worst US drought since 1950s Covered 80% of farmland Expected corn/soybean yields way down Corn (122 bu/acre, down from 166 bu/acre) Soybeans (37.8 bu/acre, down from 43.9 bu/acre) Ranchers liquidating herds Higher meat/dairy prices projected

4 New Federal Regulations FDA Amendments Act (FDAAA) – Ingredients – Labels – Processing Food Safety Modernization Act (FSMA) – Preventive Controls – Inspection and compliance – Imports

5 Pet Population Trend Figures in Millions* * Source: Euromonitor International Unknowns: Long term impact of the economy Long term impact of breeder restrictions, pet sale bans and spay/neuter efforts

6 Pet Food Sales Billions US$* * Source: Euromonitor International

7 Thank you


Download ppt "Update on the Pet Food Sector in the United States Duane Ekedahl, President, Pet Food Institute GAPFA Meeting, Vancouver, Canada November 7, 2012."

Similar presentations


Ads by Google