What Percentage of Beef Is There in the Undited States
Livestock feed is a pregnant use of both corn and soybeans. Xl percent of the domestic corn crop and over 60% of domestic soybean product are used as livestock feed (April 2021 USDA WASDE). Beast agronomics is obviously important to the demand for corn and soybeans, with meat consumption existence the major product of animal agriculture. Herein, we item the per capita consumption of meats in the U.S. Focus on meat consumption is warranted given the recent climate, ethical, and wellness considerations facing the meat industry. The potential impacts of these evolving factors are difficult to quantify and will about certainly fluctuate in importance and influence. Notwithstanding, examining by patterns tin provide benchmarks and expectations for meat need and livestock feed utilize over the side by side decade.
Current Consumption
Effigy 1 shows per capita consumption of meat in the U.Southward. from 1999 to 2020. Over the unabridged menstruation, meat consumption averaged 252 pounds per person. There were, yet, trends in the data. Per capita consumption was relatively stable from 1999 to 2006. From 1999 to 2006, meat consumption averaged over 250 pounds per person. And then, meat consumption fell from 2007 to 2013, reaching a low of 235 pounds per person in 2014. From 2015 to 2019, per capita consumption increased each year, reaching 264 pounds per person in 2020.
Two items contributed to the reject in per capita consumption in the period from 2007 through 2016. First, ethanol product began its build in 2006 to 2013. Increasing use of corn in ethanol more often than not led to higher corn and soybeans prices. Also contributing to price increases were low corn yields in 2010 through 2012. Figure 1 contains a line giving yearly corn prices during this flow, illustrating the relationship between college prices and per capita consumption. Over the 1999 to 2019 fourth dimension period, per capita consumption and corn prices had a -.74 correlation coefficient.
Second, there was the Corking Recession of 2008, which acquired lower disposable incomes. Reductions in incomes typically lead to lower meat consumption.
Shifts in Consumption
There has been a switch in consumption across the three major meat categories. In 1999, beef had more consumption than chicken or pork. Over the time period, beef consumption declined from 97 pounds per capita in 1999 to 83 pounds in 2020. Pork consumption has remained relatively stable, every bit 68 pounds per capita in 1999 and 67 pounds per capita in 2019. Chicken consumption increased from 89 pounds per person in 1999 to 112 pounds per person in 2019. Chicken now has higher per capita meat consumption over beef and pork.
Shifts in per capita meat consumption will take noticeable impacts on feed use. Compared to a broiler feed conversion ratio of effectually 2-to-1, commercially produced beef cattle typically convert feed at a ratio of 6-to-1. Assuming that consumers will go on to replace beefiness with chicken in their diets, the amount of feed input used per pound of meat consumed will decrease.
Implications
Overall, U.S. consumption of meat is relatively stable, temporally influenced by the economics of feeding livestock and full general economic conditions. Economic growth in the U.S. could increase meat consumption marginally, just large increases should not be expected. As a consequence, domestic meat consumption likely volition not be a commuter of increased corn and soybean consumption. If anything, feed demands for domestic consumption will probable decline with a connected switch to craven consumption. Increases in livestock feeding efficiency volition further reduce demand.
Yields of corn and soybeans likely will continue to increment in the future. Given that per capita consumption of meat will not abound, increased demand will take to count on exports and other uses. Exports of meats could exist a growing use of corn and soybeans.
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