The US Livestock and Poultry Industry Includes over One Million Farms with Combined Annual Revenue of about $100 Billion - Agriculture Livestock Production Industry Profile

Business Wire,  Nov 26, 2007  

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DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c75433) has announced the addition of "Agriculture Livestock Production - Industry Profile" to their offering.

Covering over 175 industries and updated every 90 days, the First Research Industry Profiles do the "heavy lifting" for you - saving your sales team valuable research time, enhancing client communications and giving you the competitive edge to win more business.

Easy-to-use and up-to-date, the Industry Profiles provide you with the industry research necessary to stay on top of constant changes in select industries.

The First Research profiles help target your products and services directly to prospects. The Industry Profiles provide the information and understanding you need to engage new prospects during the sales process, deepen customer relationships and strengthen your own bottom line.

Brief Excerpt from Industry Overview Chapter:

The US livestock and poultry industry includes over one million farms with combined annual revenue of about $100 billion. Large companies like Tyson Foods and Smithfield Foods raise animals directly and also indirectly through their networks of contract farmers. Fewer than 10,000 farms hold more than 1,000 large animals, yet account for over 40 percent of industry revenue.

COMPETITIVE LANDSCAPE

Demand for food, hides, and animal by products is determined partly by domestic consumption and partly by export markets. The profitability of individual farms depends on efficient operations. Large farms have operational and marketing economies of scale. Small farms can compete effectively with larger ones by raising special breeds or supplying local markets.

PRODUCTS, OPERATIONS & TECHNOLOGY

The largest revenue segments of the industry are cattle (about $62 billion); poultry and eggs ($24 billion); dairy products ($20 billion); and hogs ($11 billion). Other large segments include farmed fish ($1 billion); horses ($1 billion); and sheep and goats ($500 million).

Livestock and poultry operations for all types of animals are similar in that the farmer must breed animals, provide feed, maintain animal health, provide shelter, and dispose of animal wastes. Feed is the largest direct cost of raising animals. Farmers balance the cost of feed against its nutritional value; feed type can also affect the taste of meat. For animals raised quickly for slaughter, like cattle and chickens, feed formulations can be complicated. Corn and soybean meal are major feed ...

Contents:

Industry Overview

Quarterly Industry Update

Business Challenges

Trends AND Opportunities

Call Preparation Questions

Financial Information

Industry Forecast

Website and Media Links

Glossary of Acronyms

For more information visit http://www.researchandmarkets.com/reports/c75433

Source: First Research

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