ANSC Day 4 - ANSC Day 4 Non-food animal products Hides...

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ANSC Day 4 Non-food animal products - Hides (shelter, shoes, belts, jackets, etc) - Wool (clothing, carpets, rugs, etc) - Hair (bedding, insulation) - Pelts (Hats, coats, etc) - Tallow- animal fat (soaps, lubricants, waxes, paints, cosmetics, fatty acids for manufacturing) - Gelatin (foods, film, glues, etc) An Overview of Livestock Industry - Livestock are expensive to maintain - 50% of annual cost is feed - Products are perichable o Can’t stock pile to wait on prices to raise - Very sensitive to supply/demand - Lag time => “production cycles” o Cycle depends largely on generation interval About 5 to 8 years in cattle market (long time to incur debt) - General factors affecting supply o Climate o Availability of feed o Genetic potential of breeding animals o Generation interval of species o Level of management (education, finances) - General factors that affect demand o Population o Culture (religion, tradition) o Health and safety concerns o Personal preference o Advertising - US farm cash receipts
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This note was uploaded on 04/10/2008 for the course ANSC 1000 taught by Professor Coleman during the Spring '08 term at Auburn University.

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ANSC Day 4 - ANSC Day 4 Non-food animal products Hides...

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