Animal Agriculture: Critical to Your Success Its Time to Support Your Best Customers © 2012...

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Transcript of Animal Agriculture: Critical to Your Success Its Time to Support Your Best Customers © 2012...

Animal Agriculture: Animal Agriculture: Critical to Your SuccessCritical to Your Success

It’s Time to Support Your Best Customers

© 2012 Illinois Soybean Association

Importance of Animal Agriculture: Importance of Animal Agriculture: DemandDemand

• Per capita meat consumption continues to expand worldwide, as well as in the U.S.

• This expansion results in a growing demand for grain and protein feeds.

Importance of Animal Agriculture:Importance of Animal Agriculture:What it Means to IllinoisWhat it Means to Illinois

Is Illinois capitalizing on these opportunities by encouraging the growth of animal agriculture in our

state?YES NO

What Animal Agriculture Means What Animal Agriculture Means to Illinois Soybean Growersto Illinois Soybean Growers

Livestock Producers AreLivestock Producers AreYour No. 1 CustomerYour No. 1 Customer

Are We Keeping Up?Are We Keeping Up?• Illinois hog numbers have grown at half the rate of the

national average.

Animal Agriculture: Animal Agriculture: Critical to Your SuccessCritical to Your Success

Animal agriculture contributes to the state’s economy:

Output$4.5 billion in economic activity Jobs

24,236 jobs

Taxes$189 million in income taxes

$246 million in property taxes

Animal Agriculture: Animal Agriculture: Critical to Your SuccessCritical to Your Success

Illinois livestock industry output multiplier = 1.88

Animal Agriculture: Animal Agriculture: Critical to Your SuccessCritical to Your Success

• The livestock industry continues to serve as an economic engine in both rural and urban areas of the state.

• It provides real growth for an overall declining Illinois economy.

Animal Agriculture: Animal Agriculture: Critical to Your SuccessCritical to Your Success

We’re All In This TogetherWe’re All In This Together

• Livestock producers are your No. 1 customer.

• If livestock production fails to grow, it will have a negative effect on prices.– Lower demand for Illinois

soybean meal– Fewer local livestock customers– Higher transportation costs

Think About ItThink About It• Let’s work together to build and support a

thriving, vital animal agriculture industry in Illinois. It’s the right choice for the future.– Be informed– Share information– Help expand

animal agriculture

Thank YouThank You

© 2012 Illinois Soybean Association