Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.

29
Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8

description

Source: Federal Milk Market Administrator Central, Marketing Service Bulletin, August 2005.

Transcript of Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.

Page 1: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.

Dairy Marketing

Dr. Roger GinderEcon 338Fall 2009

Lecture # 8

Page 2: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.

U.S. Per Capita Consumption of Fluid Milk & Cream

180

190

200

210

220

230

240

250

Pou

nds

Source: Agricultural Statistics, NASS, USDA

Page 3: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.

Source: Federal Milk Market Administrator Central, Marketing Service Bulletin, August 2005.

Page 4: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.

Source: Federal Milk Market Administrator Central, Marketing Service Bulletin, August 2005.

Page 5: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.

Source: Federal Milk Market Administrator Central, Marketing Service Bulletin, August 2005.

Page 6: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.
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All CheesePer Capita Consumption

0

5

10

15

20

25

30

75 77 79 81 83 85 87 89 91 93 95 97 99 '01 '03 '05 '07

Lbs

. Per

Cap

ita

Source: Livestock, Dairy and Poultry Outlook, ERS, USDA, July, 2003

Page 8: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.

American Type CheesePer Capita Consumption

0

2

4

6

8

10

12

14

75 77 79 81 83 85 87 89 91 93 95 97 99 '01 '03 '05 '07

Lbs

. Per

Cap

ita

Source: Livestock, Dairy and Poultry Outlook, ERS, USDA, May, 2003

Page 9: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.

Italian Type CheesePer Capita Consumption

0

2

4

6

8

10

12

14

16

75 77 79 81 83 85 87 89 91 93 95 97 99 '01 '03 '05 '07

Lbs

. Per

Cap

ita

Source: Livestock, Dairy and Poultry Outlook, ERS, USDA, July, 2003

Page 10: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.

Per Capita Cheese Consumption

23.7

28.4 31.2 31.432.47 32.67

0

5

10

15

20

25

30

35

Poun

ds o

f Che

ese

Con

sum

ed

1988 1998 2004 2005 2006 2007

Page 11: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.

Per Capita Cheese Consumption

0

5

10

15

20

25

30

35

1950 1960 1970 1980 1990 2000 2005 2006 2007

Poun

ds C

onsu

med

Ann

ually All Other Cheese

American Styles

Source: Livestock, Dairy & Poultry Outlook, ERS, USDA, 2008.

Page 12: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.
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Page 14: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.

Source: Federal Milk Market Administrator Central, Marketing Service Bulletin, August 2005.

Page 15: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.

Source: Federal Milk Market Administrator Central, Marketing Service Bulletin, August 2005.

Page 16: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.

USDA, Federal Milk Marketing Administrator, Tulsa, 6/2005

Page 17: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.
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0

5

10

15

20

25

30

35

40

45

50

% o

f U.S

. Che

ese

Pro

duct

ion

West

Atlantic

East North Central

West North Central

South Central

Regional Cheese Production as a Percent of Total U.S. Production

Source: Federal Milk Market Administrator, Tulsa, April, 2004

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U.S. Per Capita Consumption of Selected Dairy Products

0

5

10

15

20

25

30

35

85 87 89 91 93 95 97 99 '01 '03 '05 '07

Pou

nds

Butter Cheese Ice Cream

Source: Agricultural Statistics, NASS, USDA

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0

5

10

15

20

25

30

35

40

45

50

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004

% o

f U.S

. But

ter P

rodu

ctio

n

West

Atlantic

East North Central

West North Central

South Central

Regional Butter Production as a Percent of Total U.S. Production

Source: Federal Milk Market Administrator, Tulsa, April, 2005

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U.S. Per Capita Consumption of Selected Dairy Products

0.00.51.01.52.02.53.03.54.04.55.0

Pou

nds

Evaporated Milk Dry Whole Milk Non-Fat Dry Milk

Source: Agricultural Statistics, NASS, USDA

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Page 24: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.

Source: Fereral Milk Market Administrator, Tulsa, Apr, 2008

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0

10

20

30

40

50

60

70

80

90

% o

f U.S

. NFD

M P

rodu

ctio

n

West

Atlantic

East North Central

West North Central

South Central

Regional Nonfat Dry Milk Production as a Percent of Total U.S. Production

Source: Federal Milk Market Administrator, Tulsa, April, 2002

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Page 27: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.

Source: Fereral Milk Market Administrator, Tulsa, Apr, 2008

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CONSUMER TRENDS(ETHNICITY)

• U.S. population will be nearly 50% non white by year 2050 2000 2050

White 72% 53%Hispanic 11% 25%African American 12% 14%Asian 4% 8%Native American 1% 1%

•Trend will be led by an increase in Hispanic population of more than 125%

Page 29: Dairy Marketing Dr. Roger Ginder Econ 338 Fall 2009 Lecture # 8.

-2.0

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0

70 72 74 76 78 80 82 84 86 88 90 92 94 96 98 '00 '02 '04 '06 '08

Bill

ions

of l

bs.

Source: ERS data, USDA Net Removals, Milk Equivalent-Milkfat Basis, 8/23/05

CCC Net Removals(milk equivalent, milkfat basis)