The Dynamic North American Meat and Livestock Market Leland Southard Midwest/Great Plains/Western Outlook Conference Indianapolis, Indiana August 14, 2003.

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Copyright©2004 South-Western 9 Application: International Trade.

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Presentation transcript:

The Dynamic North American Meat and Livestock Market Leland Southard Midwest/Great Plains/Western Outlook Conference Indianapolis, Indiana August 14, 2003

North American Markets Background Beef/Cattle Pork/Hogs Poultry Issues Problems

Background World Trade Liberalization Expanding World Meat Trade Changing North American Policies Country Comparative Advantage North American Free Trade Agreement Restricted Northwest Feeder Project Lingering Issues

Population

Beef and Veal Production *Pre-BSE Expectations

Beef Exports as Percentage of Production

Beef Imports as a Percentage of Consumption

Major Exporter‘s Share of U.S. Beef Imports

Major Importer’s Share of U.S. Beef Exports

Cattle Exports to United States

U.S. Cattle Exports

Pork Production

Pork Exports as a Percentage of Production

Major Importer’s Share of U.S. Pork Exports

Exporter’s Share of Mexican Pork Imports (Source: USDA-FAS)

Importer’s Market Share of U.S. Pork Imports

Hog Exports to United States

Broiler Trade Export Share to Mexico percent Tariffs on poultry parts contentious with Mexico Export share to Canada percent Quebec poultry industry insists on protection from U.S. market Source: USDA-ERS

Importer’s Share of U.S. Turkey Exports

Importer’s Share of U.S. Shell Egg Exports

Confirmed Disease Problems United States Exotic Newcastle Disease Avian Influenza Mexico Classical Swine Fever Tuberculosis Exotic Newcastle Disease Canada BSE

Conclusions North American Meat and Livestock Markets are integrated. Market shares are significant enough that events in one country affect markets in the other countries. Trade issues should be viewed in a North American context. Diseases and domestic industry protection issues will continue to shadow the markets.

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