The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder...
Transcript of The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder...
![Page 1: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/1.jpg)
The Future of Lamb
![Page 2: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/2.jpg)
Brief Introduction
• Grew up on family’s sheep, cattle and hay ranch in Northern California• Still raise sheep today
• First job out of college was going to work for Superior Farms• 24 years later, I’m still here
• Member of the American Lamb Board• Past President of the California Wool Growers Association
![Page 3: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/3.jpg)
Today’s Topics
• Inventories and markets in the U.S. and world wide
• Do trade challenges with China affect the U.S. sheep industry?
• Consumer Trends• What are we doing to sell more lamb?• What is our vision for Innovation in the Industry
![Page 4: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/4.jpg)
World/US Lamb Market
![Page 5: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/5.jpg)
Federally Inspected Slaughter
![Page 6: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/6.jpg)
Imperial Valley
104,000
89,000
75,000
90,000
75,000
0
20,000
40,000
60,000
80,000
100,000
120,000
2014‐2015 2015‐2016 2016‐2017 2017‐2018 2018‐2019
![Page 7: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/7.jpg)
Colorado Feedlot Inventory
020,00040,00060,00080,000
100,000120,000140,000160,000180,000200,000220,000240,000260,000280,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2018
![Page 8: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/8.jpg)
Colorado Feedlot Inventory
020,00040,00060,00080,000
100,000120,000140,000160,000180,000200,000220,000240,000260,000280,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2018 2019
![Page 9: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/9.jpg)
Colorado Feedlot Inventory
107,311
74,301
020,00040,00060,00080,000
100,000120,000140,000160,000180,000200,000220,000240,000260,000280,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2018 2019
Down 33,010 Head
![Page 10: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/10.jpg)
Colorado Feedlot Inventory
020,00040,00060,00080,000
100,000120,000140,000160,000180,000200,000220,000240,000260,000280,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2018 2019 5 Year Ave
![Page 11: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/11.jpg)
LM_LM352 Comprehensive
$120.00
$125.00
$130.00
$135.00
$140.00
$145.00
$150.00
$155.00
$160.00
$165.00
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52
2018
![Page 12: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/12.jpg)
LM_LM352 Comprehensive
$120.00
$125.00
$130.00
$135.00
$140.00
$145.00
$150.00
$155.00
$160.00
$165.00
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52
2018 2019
![Page 13: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/13.jpg)
LM_LM352 Comprehensive
$147.75
$154.04
$120.00
$125.00
$130.00
$135.00
$140.00
$145.00
$150.00
$155.00
$160.00
$165.00
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52
2018 2019
![Page 14: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/14.jpg)
Australia
![Page 15: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/15.jpg)
Australia
![Page 16: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/16.jpg)
Australia
![Page 17: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/17.jpg)
Exchange Rate
![Page 18: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/18.jpg)
WORLD SHEEP INDUSTRY
![Page 19: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/19.jpg)
US Sheep Industry
![Page 20: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/20.jpg)
Stronger U.S. Dollar
![Page 21: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/21.jpg)
AU Heavy Lamb vs. US Carcass/USD
![Page 22: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/22.jpg)
AUS vs. US Lamb by Cut
$0.00
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
$14.00
$16.00
$18.00
Leg, Trotter Off Shoulder, Sq Cut Rack, Fr Cap Off Loin, 0" whole
Wholesale Price ComparisonJan‐Jul 2019
Import USDA
![Page 23: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/23.jpg)
AUS vs. US by Cut Premium
2%5%
45%
72%
0%
10%
20%
30%
40%
50%
60%
70%
80%
Leg, Trotter Off Shoulder, Sq Cut Rack, Fr Cap Off Loin, 0" whole
% Above ImportJan‐Jul 2019
USDA
![Page 24: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/24.jpg)
US Lamb Exports
• $13.2 million in value for Jan.‐June 2019 • 17% higher than same period last year
• $1.73 million in value for June 2019 • 21% lower than last June
• 7,783 metric tons (17.2 million pounds) in volume for Jan.‐June 2019 • 42% higher than same period last year
• 1,073 metric tons (2.4 million pounds) in June• 6% higher than last June
(USDA statistics compiled by USMEF)
(All totals include muscle cuts and variety meat)
![Page 25: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/25.jpg)
Worldwide Middle Class Growth
29%
32%
35%
0%
5%
10%
15%
20%
25%
30%
35%
40%
Asia Pacific Australasia Eastern Europe Latin America Middle East andAfrica
North America Western Europe
Share of Global Disposable Income
2013 2018 2023
Source: Euromonitor International, Constant 2018 Prices, Fixed Exchange Rates
![Page 26: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/26.jpg)
China Specifically
29%
32%
35%
13%15%
18%
0%
5%
10%
15%
20%
25%
30%
35%
40%
2013 2018 2023
Share of Global Disposable Income
Asia Pacific China
Source: Euromonitor International, Constant 2018 Prices, Fixed Exchange Rates
![Page 27: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/27.jpg)
Asian Market Importance
0
5
10
15
20
25
30
35
40
45
Number of Households with Disposable Income over $25,000 USD
2018 2023
0
20
40
60
80
100
120
140
160
180
Million ho
useh
olds
Source: Euromonitor International, Constant 2018 Prices, Fixed Exchange Rates
![Page 28: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/28.jpg)
USDA National Cold StorageLamb and Mutton (Million Pounds)
0
5
10
15
20
25
30
35
40
45
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2018
![Page 29: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/29.jpg)
USDA National Cold StorageLamb and Mutton (Million Pounds)
0
5
10
15
20
25
30
35
40
45
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2018 2019
![Page 30: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/30.jpg)
USDA National Cold StorageLamb and Mutton (Million Pounds)
0
5
10
15
20
25
30
35
40
45
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2018 2019
38 Mil / 42 = 905,000 Head
![Page 31: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/31.jpg)
USDA National Cold StorageLamb and Mutton (Million Pounds)
0
5
10
15
20
25
30
35
40
45
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2018 2019 5 year Ave
![Page 32: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/32.jpg)
Pelt Market
Source: USDA WEEKLY NATIONAL LAMB MARKET SUMMARY
![Page 33: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/33.jpg)
Pelt Market
Source: USDA WEEKLY NATIONAL LAMB MARKET SUMMARY
![Page 34: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/34.jpg)
Unshorn Supreme Pelt Market
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
$8.00
$9.00
$10.00
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52
2017
![Page 35: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/35.jpg)
Unshorn Supreme Pelt Market
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
$8.00
$9.00
$10.00
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52
2017 2018
![Page 36: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/36.jpg)
Unshorn Supreme Pelt Market
$(1.00)
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
$8.00
$9.00
$10.00
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52
2017 2018 2019
![Page 37: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/37.jpg)
Consumer Trends
![Page 38: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/38.jpg)
Key Consumer Trends
• Across the broad spectrum, consumers are increasingly seeking these attributes in their food choices:• Humanely raised / cared for• Local• Antibiotic Free / No added Hormones• Sustainably raised
• Millennial Foodies are also seeking:• Authentic experiences• Bold flavors• A broad array of cuisines and protein types
![Page 39: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/39.jpg)
Packaging for Retail• Highlighting our producer families
![Page 40: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/40.jpg)
![Page 41: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/41.jpg)
We know that category success starts with store teams• We generate excitement by sponsoring sales contests for meat managers/departments
• Contest example: meat manager with highest sales during first 2 months of program to receive iPad.
Store Engagement
![Page 42: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/42.jpg)
We provide talking points for store teams to educate consumers on lamb nutrition and share our brand message
Store Talking Points
![Page 43: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/43.jpg)
POSRecipe booksDividers/rail stripsOn‐pack couponsCuts & cooking infoPhotos/videosTalking point cardsShirts, hats, etc.
Marketing Support
![Page 44: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/44.jpg)
In‐store demos introduce consumers to lamb and drive consumer engagement.
We have seen great success with our lamb tasting demos.
Once consumers get a taste, most come back for more.
Chart shows consumer response during instore sampling event. 5,000 samples were distributed.
Consumer feedback during event:
3% product samples lift during event19% product sales lift post‐event(4 weeks pre‐event versus 4 weeks post‐event)
Marketing Strategy
![Page 45: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/45.jpg)
CONSUMERS WANT – ABF
![Page 46: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/46.jpg)
Shoppers focus on convenience and in any given month, shoppers purchase meat from 3 places in the store.
Trending Product Offerings
![Page 47: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/47.jpg)
Cook In a Bag – Frozen Legs
• In partnership with Kroger we launched a new ABF Cook in the Bag (CIB) leg for Kroger’s private brand, Simple Truth.
• Simple preparation for consumers from the freezer to the oven.• Seasoned legs have exceeded standard leg sales in Walmart this last year
![Page 48: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/48.jpg)
We analyze and share item performance to help drive category decisions• Data sharing from retail partner
allows for deep dive analysis• Access to item movement by
store/region will allow Superior Farms to assist with product optimization
• Average sales by item per store/week will give visibility to targeted sales goals• Aides promotional planning• Assists with assortment management
• Provide industry insights from the American Lamb Board
Data Analytics
Sq cut shoulder,
45%
Lamb shoulder chop ABF VSP, 27%
Lamb leg steak ABF VSP, 9%
Lamb loin chop ABF VSP, 7%
Veal Bnls Shoulder Chops VSP,
6%
Lamb frozen ground ABF ,
6%
Item Performance
![Page 49: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/49.jpg)
Carving the Path for Retail Growth
![Page 50: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/50.jpg)
New Product Innovation
![Page 51: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/51.jpg)
Proven and True New Products
![Page 52: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/52.jpg)
New Products Launched 2019
Retail Lamb and Beef Gyro Sausage
Retail Lamb and Pork Fennel Sausage
Retail Lamb and Pork Southwest Sausage
Pre‐cooked Lamb Meatball
Pre‐Cooked Fine Wood Herb Leg of Lamb
![Page 53: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/53.jpg)
Products in the Pipeline
Retail Vindaloo and Osso Buco Launch end of September
Pre‐cooked Lamb Meatball
Hopeful launch October
Pre‐Cooked FinewoodHerb Leg of Lamb
![Page 54: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/54.jpg)
Lamb Merguez Sausage
2020 Ideas and Thoughts
Cooked Lamb Denver Ribs
Lamb Bone Broth
Cooked Shank
![Page 55: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/55.jpg)
Culinary Institute of America
![Page 56: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/56.jpg)
Partner Feedback on Carcass Quality
![Page 57: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/57.jpg)
Electronic/Camera Grading
![Page 58: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/58.jpg)
‐ Dixon ‐ Official USDA Grade‐ RFID readers in pens and plant linking each lamb to camera digitally
‐ Converted all CA fairs to EID
‐ Denver – Implementation in late 2019/early 2020
Update on the Camera
![Page 59: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/59.jpg)
• Changes to our Standard Operating Procedures approved by USDA
• USDA Graders Labor Union had to approve the process on grading, sorting and shipping procedures
It hasn’t been easy
• Key for the Camera belongs to USDA, and only they can turn it on every morning
![Page 60: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/60.jpg)
1. Side and rear view images of the carcass USDA Yield Grade USDA Quality Grade
2. Projected Primal Cut Weights• Leg, Rack, Loin, Neck, Breast, Trotter, Shoulder
3. Calculated Ovine Carcass Cutability (OCC)• % yield for retail cuts
Data Collection
![Page 61: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/61.jpg)
Electronic Identification (EID) Readers
![Page 62: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/62.jpg)
EID Data Collection points
![Page 63: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/63.jpg)
Feedback LoopProducer EID
+ MgtSoftware
![Page 64: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/64.jpg)
EID Data Collection
• Starts with Producer and their data base• Livestock pens at the plant
![Page 65: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/65.jpg)
EID Data Collection
Reader on the line matches up with chipped hooks
![Page 66: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/66.jpg)
EID Data Collection
Chipped hooks tied to individual carcass image of the grading camera
![Page 67: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/67.jpg)
Feedback LoopProducer EID
+ MgtSoftware
EID Read at Plant
Camera ties to EID
![Page 68: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/68.jpg)
Producer Portal App
![Page 69: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/69.jpg)
Feedback LoopProducer EID
+ MgtSoftware
EID Read at Plant
Camera ties to EID
Data in Producer Portal
![Page 70: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/70.jpg)
Producer Portal
![Page 71: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/71.jpg)
• Hot Weight 78.4 lbs
• Yield Grade 2
• Quality Grade Choice
• OCC 53.7 lbs
• Legs 26.1 lbs
• Loins 8.9 lbs
• Neck 1.7 lbs
• Trotters 3.5 lbs
• Breast 9.2 lbs
• Rack 8.7 lbs
• Sq Cut Shoulder 20.1 lbs
![Page 72: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/72.jpg)
![Page 73: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/73.jpg)
![Page 74: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/74.jpg)
Feedback LoopProducer EID
+ MgtSoftware
EID Read at Plant
Camera ties to EID
Data in Producer Portal
Download Data to MgtSoftware
![Page 75: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/75.jpg)
• Full transparency through Producer Portal• Individual lamb performance • Lot performance• Track lambs through birth to slaughter.
• Complete feedback loop• Packer to feeder to producer to
seedstock owners
Data Collection
![Page 76: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/76.jpg)
• Potential to improve:• Efficiencies• Genetics• Production methods
Data Collection
![Page 77: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/77.jpg)
Flock54
![Page 78: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/78.jpg)
Feedback LoopProducer EID
+ MgtSoftware
EID Read at Plant
Camera ties to EID
Data in Producer Portal
Download Data to MgtSoftware
Flock 54 Parentage Genotypes
![Page 79: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/79.jpg)
Primary Goal:• Create a reasonable cost genetic test• Increase flock efficiency• Increase producer margins by reducing costs
• Increase the number lambs in the US flock
Secondary Goal:• Improve carcass consistency• Improve plant yield/production efficiencies
Why is Superior Farms doing this?
![Page 80: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/80.jpg)
What is it?
• Low cost genotype marker panel• Collaboration with University of Idaho• $16 ‐ $20 per test
• Determines Parentage• Single Gene Traits• Multi Gene Traits
![Page 81: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/81.jpg)
Strong indicators – Single gene traits• Disease resistance
• Scrapie, OPP, spider, glycogen storage, etc.
• Twinning potential• Fleece variation• Yellow fat• Double muscling (callipyge)• Horned or Polled
What does the panel provide?
![Page 82: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/82.jpg)
Indicators or QTLs(multi gene traits)• Milk quality and quantity• Wool and staple length and quality• Meat quality
Parentage test• Identify sires in group breeding• Pair lambs with sires, mothers
What does the panel provide?
![Page 83: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/83.jpg)
Producer collects sample
How Does It Work?
Tissue Sample• Ear Notch• Tail at Docking• Blood Tubes• TSU
![Page 84: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/84.jpg)
Producer collects sample
Analyze
ScrapieParentageInbreedingTwinning
SNP Markers
Extract DNA
Genotype
How Does It Work?
![Page 85: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/85.jpg)
On Farm Applicability
Sheep ID Fecundity/TwinningGene
High Milk Yield Gene Horned/Polled Gene
Ewe Lamb 1 Yes No Horn
Ewe Lamb 2 No No Horn
Ewe Lamb 3 Yes Yes Polled
Ewe Lamb 4 Yes Yes Horn
DNA Test Results
![Page 86: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/86.jpg)
Feedback LoopProducer EID
+ MgtSoftware
EID Read at Plant
Camera ties to EID
Data in Producer Portal
Download Data to MgtSoftware
Flock 54 Parentage Genotypes
![Page 87: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/87.jpg)
Ewe Financing
![Page 88: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/88.jpg)
Ewe Financing and Long Term ContractTerms:
• SF will advance up to 50% of the value of the ewe
• Producer contracts the lamb crop from the ewes
• Payment to the loan advance will be deducted as the lambs are delivered
• Interest at five percent (5%) APR, and will be deducted in full on the final load of lambs
![Page 89: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/89.jpg)
Ewe Financing and Long Term Contract
• Example:
• Producer receives an advance in the amount of $30,000 to purchase 300 ewes. (purchase price was $60,000)
• Producer commits to deliver the lamb crop from these ewes for the next 3 years to Superior Farms.
• Each year, a deduction of $10,000 will be taken from each delivery of lambs within the delivery dates set forth in the contract.
• When the final load of lambs is delivered the interest will be paid on the total advance/loan.
![Page 90: The Future of Lamb · the American Lamb Board Data Analytics Sq cut shoulder, 45% Lamb shoulder chop ABF VSP, 27% Lamb leg steak ABF VSP, 9% Lamb loin chop ABF VSP, 7% Veal Bnls Shoulder](https://reader035.fdocuments.us/reader035/viewer/2022062606/5ffc4e7a8d982e628e1d4058/html5/thumbnails/90.jpg)