WHAT ARE THE COMMON FUNCTIONS OF LIVESTOCK IN TODAY’S SOCIETY?

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WHAT ARE THE COMMON FUNCTIONS OF LIVESTOCK IN TODAY’S SOCIETY?

Transcript of WHAT ARE THE COMMON FUNCTIONS OF LIVESTOCK IN TODAY’S SOCIETY?

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WHAT ARE THE COMMON FUNCTIONS OF LIVESTOCK IN TODAY’S SOCIETY?

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CONVERTING GRAIN AND ROUGHAGE INTO MEAT

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CLOTHING

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POWER

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RECREATION

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PRODUCTS

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HOW HAVE LIVESTOCK CONSUMPTION TRENDS CHANGED?

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CONSUMPTION TRENDS

• The consumption of beef has declined since 1970 from about 79 pounds to about 65 pounds per person per year.

• Pork consumption has remained relatively stable at just under 50 pounds per person per year.

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CONSUMPTION TRENDS

• The consumption of lamb and mutton has declined from 1.9 pounds per person to 0.9 pounds per person per year since 1970.

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Chicken Consumption Trends

• Chicken consumption had steadily increased from 27 pounds to about 50 pounds per person per year

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Diary Consumption Trends• The consumption of all dairy products has

slightly increased from 554 pounds in 1970 to 585 pounds per person per year

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Turkey Consumption Trends

• Turkey consumption has increased from 6.71 pounds to 14 pounds per person per year.

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Consumption Trends

• The increase in the consumption of poultry and the decrease in the consumption of beef can be explained by new health concerns such as high cholesterol

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WHAT IS THE ECONOMIC IMPORTANCE OF THE LIVESTOCK

INDUSTRY IN THE UNITED STATES?

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MEAT ANIMALS: production and income in the U.S. 1997 - 1999

year production marketings Value of production

Cash receipts

Value of home

consumption

Gross income

-------million pounds------- ---------------- million dollars ----------------

1997 65,692 81,915 37,983 49,689 382 50,070

1998 67,890 82,478 33,181 43,344 347 43,691

1999 68,478 84,471 33,970 45,614 362 45,975

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THE BEEF INDUSTRY• Beef accounts for 6% of all supermarket sales• Beef cattle and calves accounted for

$31,376,515,000 of gross income in the U.S. in 1996

• Texas is the leading state in beef cattle production

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THE DAIRY INDUSTRY• The U.S. produced $23,057,197,000 worth of milk

in 1996• Wisconsin is the leading dairy producing state• Milk is produced in all 50 states

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THE SWINE INDUSTRY

• The U.S. ranks second to China in the number of hogs produced

• Iowa is the number one hog producer in the U.S.• In 1997 the U.S. had a gross income of

$13,246,479,000 from the hog industry

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THE SHEEP INDUSTRY

• Colorado is the number one sheep producing state

• In 1997 sheep had a gross value of $645,941,000 in the U.S.

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THE GOAT INDUSTRY

• Texas is the number one goat producing state

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THE POULTRY INDUSTRY• Chicken, turkey, and eggs account for a high

percentage of farm income for all products• In 1997 the value of poultry production in the U.S.

was $21,635,976,000• Georgia is the number one broiler producing state

and Ohio is the number one egg producing state

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THE HORSE INDUSTRY

• There is no accurate count of the number of horses in the United States

• It is estimated that over 16 billion dollars is spent in the horse industry every year.

• Most horses and mules are owned for pleasure however, they are a major factor in creating jobs in vet services, feeds and feeding, and equine equipment and supplies

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REMEMBER

• Livestock was domesticated for convenience of humans

• The term livestock generally refers to horses, cattle, swine, poultry, sheep, and goats

• Livestock production is a major economic factor in the U.S. economy

• Consumption of poultry has increased in recent years while red meat consumption has declined or remained stable