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October 1, 2019
2019 Ag Lenders Conference Presentations
Republic County, Kansas has about 110 Notice of Losses filed … Broad Profitability Outlook
Supply side factors are “well established”
Herd size plateau; Lower beef volumes in 2021?
Demand factors are key and uncertain
What will be beef (and meat broadly) export situation?
When will next U.S. recession occur?
Will favorability of high‐protein diet (and cattle’s role) persist?
50
More information available at:
This presentation will be available in PDF format at:http://www.agmanager.info/about/contributors/individual/tonsor.asp
Glynn …
September 1, 2021
2021 Ag Lenders Conference Presentations
important?
What do we know about COVID-19 impacts on U.S … Meat?
https://www.purdue.edu/newsroom/releases/2020/Q2/questions‐and‐answers‐about‐the‐road‐from‐farm‐to‐table.html
COVID-19 …
April 20, 2022
consumption?
What do we know about meat demand?
How does … Meat?
https://www.purdue.edu/newsroom/releases/2020/Q2/questions-and-
answers-about-the-road-from-farm-to-table.html
COVID-19 … at:
http://www.agmanager.info/about/contributors/individual/tonsor.asp
Glynn …
October 30, 2015
statistic do people think about
when buying a vehicle?
3
Motivational … Which do producers think about when
buying cattle?
•Worst … 12,000.00
Perceived ADG of placing 500 lbs steers in October for about 120 days
Average ADG across all lots/groups over the past 10 years …
October 22, 2012
methods is growing
– Think about discussions on food safety … timetables
• Public doesn’t know about retail price impacts
• … growth simply don’t care about???
19
More information …
January 21, 2016
at:
http://www.agmanager.info/about/contributors/individual/tonsor.asp
Glynn … http://www.agmanager.info/about/contributors/Presentations/Tonsor/presentations.asp …
January 26, 2022
2022
http://www.agmanager.info/about/contributors/individual/tonsor.asp
Quarterly … at:
http://www.agmanager.info/about/contributors/individual/tonsor.asp
Host …
March 4, 2022
OUTLOOK
http://www.agmanager.
info/about/contributors/
individual/tonsor.asp
Quarterly … at:
http://www.agmanager.info/about/contributors/individual/tonsor.asp
Host …
September 28, 2023
OUTLOOK
http://www.agmanager.info/aboutcontributors/individual/tonsor.asp
Take-Home … at:
http://www.agmanager.info/about/contributors/individual/tonsor.asp
Host …
September 1, 2023
2023 Ag Lenders Conference Presentations
OUTLOOK
http://www.agmanager.info/about/contributors/individual/tonsor.asp
Take‐Home Summary
1.Supply Dynamics Supporting Higher Cattle Prices
2.Consumer Meat Demand Mixed in 23’ & Key to “Peak Prices” This Cycle
Quarterly Forecasts … Broiler
Data Source: Bureau of Economic Analysis & USDA‐ERS, Compiled by LMIC
Livestock Marketing Information Center
https://fred.stlouisfed.org/series/A084RC1Q027SBEA
Summer 2022, Inflation in U.S. Was Highest in 4 Decades
https://fred.stlouisfed.org/series/MEDCPIM158SFRBCLE#
???
Real Wages Are Key
https://fred.stlouisfed.org/series/LES1252881600Q#
https://www.youtube.com/watch?v=fEjc80wWi2g(see ~20 min mark of 8/12/23 USFR segment with Tyne Morgan, Lee Schulz, & Scott Brown)
https://www.agmanager.info/livestock‐meat/meat‐demand/monthly‐meat‐demand‐monitor‐survey‐data/demand‐update‐and‐role‐financial
https://www.agmanager.info/livestock‐meat/meat‐demand/monthly‐meat‐demand‐monitor‐survey‐data/demand‐update‐and‐role‐financial
https://www.agmanager.info/livestock‐meat/meat‐demand/monthly‐meat‐demand‐monitor‐survey‐data/demand‐update‐and‐role‐financial
More information available at:
This presentation will be available in PDF format at:
http://www.agmanager.info/about/contributors/individual/tonsor.asp
Host of additional industry resources are cross‐linked as well
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Economic Importance of Meat AMSA IMPROVE SummitDallas TX April 17‐19, 2023
Dr. GLYNN T. TONSOR
EMAIL: gtonsor@ksu.edu
Twitter: @TonsorGlynn
Economic Impact of Meat Industry: 2019 Data
NAMI …