 Marketing Systems Obj: Describe methods used to market livestock and poultry.

Slides:

Advertisements

Similar presentations

Purchasing Chapter 23.

Advertisements

Price Discovery is the process of buyers and sellers arriving at prices.

Copyright ©2004, South-Western College Publishing International Economics By Robert J. Carbaugh 9th Edition Chapter 12: Foreign Exchange.

Export Channels of Distribution.  With direct channels, the firm sells directly to foreign distributors, retailers, or trading companies. Direct sales.

Marketing Systems For Livestock and Poultry

Animal Science 1 Unit 25. Objectives  Describe 3 methods of marketing hogs  List and describe the grades of market hogs  List and describe grades of.

Energy Information Administration Markets, Hubs, Trading Places, and Capacity Release Markets by John H. Herbert.

Exploring the Poultry Industry Lesson 6. Interest Approach How does a chicken process it’s food differently than a cow?

Marketing Livestock and Poultry. Objectives Describe the methods used to market livestock and poultry Compare methods of marketing livestock. Critique.

Small Business Resource Power Point Series Online Auctions.

ECON 337: Agricultural Marketing Chad Hart Associate Professor Lee Schulz Assistant Professor

1 Forward and Future Chapter A Forward Contract An legal binding agreement between two parties whereby one (with the long position) contracts to.

1 Agribusiness Library Lesson : The Futures Market part 1.

Categories of E-Commerce Models

Futures markets u Today’s price for products to be delivered in the future. u A mechanism of trading promises of future commodity deliveries among traders.

Section 23.2 The Purchasing Function

Animal Science 1 Unit 19.  Beef Promotion and Research Act of 1985  Established in 1985  $1/hd check off for every head of beef sold in the United.

Livestock Markets 2003 BillionPer CapPriceExport lbslbs$/cwt% Beef Pork Broilers Turkeys

Chapter 16 Using Math in Sales 1 Marketing Essentials Chapter 16 Using Math in Sales Section 16.3 Purchase Orders and Invoices.

Econ 337, Spring 2014 ECON 337: Agricultural Marketing Chad Hart Associate Professor Lee Schulz Assistant Professor

Becoming Familiar with Cash Sales Becoming Familiar with Cash Sales Objectives: Understand advantages and disadvantages of various types of cash sales.

What are stocks? A stock is a share in the ownership of a company. Stock represents a claim on the company’s assets and earnings. As an owner (shareholder),

Marketing Swine.

Market Research  Desk research: general information and National Statistics Information Sheets from the Chamber of Commerce for Foreign Affairs  Embassies.

Real Estate Broker? -Brandon Sacia. What is Real Estate Broker? A real estate broker or real estate agent is a person who acts as an intermediary between.

Structure of the hog industry Many, small operations used to raise hogs from start to finish Hogs were raised where near large supplies of corn. Hog farmers.

Speaker : Yu Haixuan Major : Mineral Processing Engineering.

Introduction to Electronic Marketplaces (E- marketplaces)

Livestock Breeding & Marketing Systems. Breeding Systems Different systems exist due to the various types of livestock operations Factors to determine.

Econ 337, Spring 2014 ECON 337: Agricultural Marketing Chad Hart Associate Professor Lee Schulz Assistant Professor

Economic Importance of Livestock to NC. Livestock in NC  Notable Areas of livestock production in NC  Hogs  Broilers  Turkeys  Beef Cattle (some)

Econ 337, Spring 2013 ECON 337: Agricultural Marketing Chad Hart Associate Professor Lee Schulz Assistant Professor

Econ 337, Spring 2014 ECON 337: Agricultural Marketing Chad Hart Associate Professor Lee Schulz Assistant Professor

Price determination  is the broad forces of supply and demand establishing a market clearing price for a commodity.

Chapter 13 Processor Procurement Systems. Processor as Coordinator  Goal: to keep organization running with flow-through that is profitable  Profitable.

1 3. Proposal to Closing Understanding components of auction proposal and listing agreement Differentiating between types of auction Discussing tasks involved.

Chapter 23 Purchasing Section 23.1 The Role of the Buyer Section 23.2 The Purchasing Function Section 23.1 The Role of the Buyer Section 23.2 The Purchasing.

Objective 5.02: Understand the process for producing, breeding and marketing agriculture animals.

Understand the process for producing, breeding and marketing agriculture animals.

THE ANIMAL INDUSTRY PROCESS The Animal Agriculture Process The process for producing and caring for animals varies greatly depending on the type.

Objective 5.02: Understand the process for producing, breeding and marketing agriculture animals.

Chapter 12: The Changing Food Markets “Nothing is changing in the food markets except everything”

ECON 337: Agricultural Marketing Chad Hart Associate Professor Lee Schulz Assistant Professor

Futures Markets CME Commodity Marketing Manual Chapter 2.

Research and identify two job roles at one of your chosen businesses and: 1.Describe the functions of each job role. 2.The progression routes of each role.

TRANSFER PRICING CHAPTER 22 MANAGEMENT SYSTEMS TRANSFER PRICING.

E-Commerce Lecture 4. Business Model Description of means and methods a firm employs to earn the revenue projected in its plans. »

“Nothing is changing in the food markets except everything”

Section 23.1 The Role of the Buyer Chapter 23 purchasing Section 23.2 The Purchasing Process.

Understand the process for producing, breeding and marketing agriculture animals. Objective 5.02.

Livestock Marketing Systems

Marketing Systems For Livestock and Poultry

Agricultural Marketing

Understanding Agricultural Futures

Purchasing and Use of Purchase Order Forms

Marketing Essentials Chapter 23: Purchasing.

Animal Agriculture Processes

B2B E-Commerce Chapter 2.

AUCTION MARKETING PROPOSAL FOR: Property Name

AUCTION MARKETING PROPOSAL FOR: Property Name

AUCTION MARKETING PROPOSAL FOR: Property Name

AUCTION MARKETING PROPOSAL FOR: Property Name

Agricultural Marketing

The Advantages of Buying at Auction

Chapter 12 selling overview Section 12.1 The Sales Function

Animal Products Red Meat Products.

Class Intro and Introduction to Futures

AUCTION MARKETING PROPOSAL FOR: Property Name

Presentation transcript:

 Marketing Systems Obj: Describe methods used to market livestock and poultry.

Market Methods 1. Terminal Markets 2. Auction Markets 3. Direct Selling 4. Electronic Marketing 5. Futures Market & Hedging

Terminal Markets  Central markets on public stockyards where livestock are consigned to a commission firm to bargain with purchases or buyers for a certain fee  Facilities are owned and operated by a stockyard company  Company charges for the use of the facilities and feed fed while they are in the stockyard  Charge for  Yardage, feed, insurance, selling fees  Seller receives the net amount after the charges are taken out

Terminal Market  Fewer exist today than in 1920’s & 30’s  Most are in Western states  Located near population centers and packing plants

Auction Markets  Public bidding with the animals selling to the buyer who bids the highest

Direct Selling  Farmer sells straight to buyer with no middle person or firm receiving commissions or fees

Electronic Marketing  Auctioning online using computers

Futures Market & Hedging  Legal document calling for delivery in the future, locking in a future delivery price

Vertical Integration  Two or more steps of production, marketing, and processing are linked together usually by contract between producers and feed manufacturers or between producers and processors or include all three  About 99% of all broilers and a very high percentage of turkeys and laying hens and swine are grown and marketed through vertical integration contracts

Become a Livestock Marketing Expert!  Visit each station and read the assigned documents  Develop a 5 sentence paragraph to define each market  Develop a list of PROS (3) and CONS (3) for each type of market  You will have approximately 15 minutes at each station…GO!