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Feed Grains and Livestock: Impacts on Meat Supplies and Prices

Author

Listed:
  • Lawrence, John D.
  • Mintert, James
  • Anderson, John
  • Anderson, David

Abstract

In spite of media reports to the contrary, the higher corn prices have not impacted the retail price of meat and milk - yet. Through mid-2008 supplies of beef, pork, poultry and milk are all higher than they were a year earlier and producers are absorbing the loss from higher feed costs. However, herd and flock liquidation has begun and supplies of animal products will be lower and prices higher later this year.

Suggested Citation

  • Lawrence, John D. & Mintert, James & Anderson, John & Anderson, David, 2008. "Feed Grains and Livestock: Impacts on Meat Supplies and Prices," Staff General Research Papers Archive 13023, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genres:13023
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    1. Anna Andersone & Sarmite Janceva & Liga Lauberte & Natalija Zaharova & Mihail Chervenkov & Vilhelmine Jurkjane & Lilija Jashina & Gints Rieksts & Galina Telysheva, 2023. "Granulated Animal Feed and Fuel Based on Sea Buckthorn Agro-Waste Biomass for Sustainable Berry Production," Sustainability, MDPI, vol. 15(14), pages 1-19, July.
    2. Jin Guo & Tetsuji Tanaka, 2020. "The Effectiveness of Self-Sufficiency Policy: International Price Transmissions in Beef Markets," Sustainability, MDPI, vol. 12(15), pages 1-23, July.
    3. Octavio Carrillo-Muro & Alejandro Rivera-Villegas & Pedro Hernandez-Briano & Marco Antonio Lopez-Carlos & Beatriz Isabel Castro-Perez, 2023. "Effect of Dietary Calcium Propionate Inclusion Period on the Growth Performance, Carcass Characteristics, and Meat Quality of Feedlot Ram Lambs," Agriculture, MDPI, vol. 13(8), pages 1-14, August.
    4. Luong, Phat V. & Xu, Xiaowei, 2020. "Pass-through of commodity price shocks in distribution channels with risk-averse agents," International Journal of Production Economics, Elsevier, vol. 226(C).
    5. Markus Arlindo Monteiro & Brent Damian Jammer, 2024. "Price Dynamics in South African Agriculture: A Study of Cross-Commodity Spillovers between Grain and Livestock Markets," Sustainability, MDPI, vol. 16(8), pages 1-24, April.
    6. Hitaj, Claudia & Suttles, Shellye, 2016. "Trends in U.S. Agriculture's Consumption and Production of Energy: Renewable Power, Shale Energy, and Cellulosic Biomass," Economic Information Bulletin 262140, United States Department of Agriculture, Economic Research Service.
    7. Tejeda, Hernan A. & Goodwin, Barry K., 2009. "Price Volatility, Nonlinearity, and Asymmetric Adjustments in Corn, Soybean, and Cattle Markets: Implications of Ethanol-Driven (Market) Shocks," 2009 Conference, April 20-21, 2009, St. Louis, Missouri 53039, NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management.
    8. Buddhika Patalee & Glynn T. Tonsor, 2021. "Weather effects on U.S. cow‐calf production: A long‐term panel analysis," Agribusiness, John Wiley & Sons, Ltd., vol. 37(4), pages 838-857, October.
    9. Obed Quaicoe & Fafanyo Asiseh & Atta Selorm Aloka, 2024. "Enhancing Year-Round Profitability for Small-Scale Ranchers: An Economic Analysis of Integrated Cattle and Mushroom Production System," Sustainability, MDPI, vol. 16(13), pages 1-15, June.
    10. Ji Yong Lee & Allen Featherstone & Rodolfo M. Nayga & Doo Bong Han, 2019. "The Long-Run and Short-Run Effects of Ethanol Production on U.S. Beef Producers," Sustainability, MDPI, vol. 11(6), pages 1-14, March.
    11. Faruk Urak & Abdulbaki Bilgic & Gürkan Bozma & Wojciech J. Florkowski & Erkan Efekan, 2022. "Volatility in Live Calf, Live Sheep, and Feed Wheat Return Markets: A Threat to Food Price Stability in Turkey," Agriculture, MDPI, vol. 12(4), pages 1-24, April.
    12. P. Martyshev, 2018. "Development of Ukrainian livestock sector and its support in conditions of growing global grain prices," Economy and Forecasting, Valeriy Heyets, issue 4, pages 93-105.
    13. Hao, Na & Colson, Gregory & Seong, Byeongchan & Park, Cheolwoo & Wetzstein, Michael, 2015. "Drought, ethanol, and livestock," Energy Economics, Elsevier, vol. 49(C), pages 301-307.
    14. Malcolm, Scott A. & Aillery, Marcel P. & Weinberg, Marca, 2009. "Ethanol and a Changing Agricultural Landscape," Economic Research Report 55671, United States Department of Agriculture, Economic Research Service.
    15. Lydia K. Olagunju & Omoanghe S. Isikhuemhen & Peter A. Dele & Felicia N. Anike & Brandon G. Essick & Nathan Holt & Nkese S. Udombang & Kelechi A. Ike & Yasmine Shaw & Rosetta M. Brice & Oluteru E. Ori, 2023. "Pleurotus ostreatus Can Significantly Improve the Nutritive Value of Lignocellulosic Crop Residues," Agriculture, MDPI, vol. 13(6), pages 1-15, May.

    More about this item

    Keywords

    fed price; food versus fuel; meat prices;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General

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