Agricultural Marketing Policy Papers

Permanent URI for this collectionhttps://scholarworks.montana.edu/handle/1/3495

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Health Information and Impacts on the Beef Industry
(2006-11) Marsh, John M.; Holzer, Bret M.
The economic well being of cattle producers depends upon numerous factors, including consumer demand for beef, red meat and poultry supplies, marketing costs, international beef trade, and agribusiness concentration. Changes in consumer beef demand are transmitted through the marketing channel and affect meat packer demand and prices for slaughter cattle and feedlot demand and prices for feeder cattle. Since the mid 1970s, consumer demand for beef has declined due to changes in consumer preferences, demographics, and relative meat prices (Marsh 2003). Based on an estimated annual retail beef demand index, retail beef demand declined by about 47 percent from 1970 to 2004. However, more recently, from 1998 to 2005 the index increased by about 22 percent (LMIC).
Livestock Mandatory Price Reporting and Effects on Lamb Price Risk
(2006-11) Marsh, John M.; McDonnell, Tom
In 1999, Congress passed the Livestock Mandatory Reporting Act (LMR) regulating the reporting of market information specific to cattle, swine, and lambs (and their products). The LMR program was implemented in April 2001 (USDA/AMS 2004) and was reauthorized by Congress in the fall of 2006. Under LMR, meat packers with recent 5-year slaughter histories of at least 125,000 cattle, 100,000 swine, or 75,000 lambs must electronically file daily summary information to the USDA’s Agricultural Marketing Service (AMS) on all transactions involving livestock purchases and meat sales. Detailed information is also to be reported by firms that import meat products and sell them into the domestic market. Overall, the LMR program is intended to provide transparency regarding pricing, marketing methods, and supply and demand conditions for livestock and livestock products (USDA/AMS 2004).