Intro 1-20-12

Intro 1-20-12 - 1 ISU Structure of the U.S Pork Industry...

Info iconThis preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 1 ISU Structure of the U.S. Pork Industry AnS 225 1-20-12 ISU ISU ISU ISU ISU 2 ISU ISU 8 Economies of Size Drives Farms to Get Bigger • For most U.S. hog farms, getting bigger means they can: –Buy lower –Sell higher –Be more efficient ISU We’re Not Alone!!! 1958 -- 292,000 New Car Dealers 2011 – 17,725 Fewer than half the Fortune 500 companies listed in 1980 still exist today Other Consolidation • Banks • Grocery Stores • Hardware Stores • Telephone Companies • Public Accounting • Trucking ISU ISU ISU 3 ISU ISU ISU ISU ISU 17 ISU 4 ISU ISU ISU ISU ISU ISU 5 ISU ISU Market Hog Inventory (Dec. 1, 2011) Rank State Market Inventory (1,000 head) 1 IA 18,790 2 NC 7,950 3 MN 7,240 4 IL 4,120 5 IN 3,550 6 NE 2,765 7 MO 2,395 8 OH 1,960 9 OK 1,880 10 KS 1,720 Total U.S. 60,128 Source: USDA ISU Top 10 Hog States % of Dec. 1, 2011 Market Hog Inventory IA –31.3% NC – 13.2% MN -12.0% IL – 6.9% IN- 5.9% NE – 4.6% MO – 4.0% OH – 3.3% OK – 3.1% KS – 2.9% KS – 2....
View Full Document

This note was uploaded on 02/14/2012 for the course ANS 225 taught by Professor Baas during the Spring '08 term at Iowa State.

Page1 / 9

Intro 1-20-12 - 1 ISU Structure of the U.S Pork Industry...

This preview shows document pages 1 - 6. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online