The 2010 edition of AMI's Meat and Poultry Facts, the industry's leading statistical book, is now available.
The 39th edition of this popular resource contains the latest statistics on production, consumption, prices, imports, exports, employment, wages and much more. The 54-page book was compiled by John Nalivka, president of Sterling Marketing, Inc.
“During 2010, producers and processors in the red meat industry saw a significantly brighter picture as higher wholesale prices and lower producer breakeven prices led to positive margins. While U.S. demand for meat was improved from a year earlier, a larger share of the 2010 price appreciation can be attributed to solid gains in U.S. export sales during 2010. A weak dollar was also a major factor contributing to export sales,” said Nalivka.
Nalivka noted in his introduction that 2010 was much more positive than 2009 as the uncertainty of demand became less of a burden on the markets.
Nalivka did point out however, that while cattle producers realized gains in net returns, herd building has not been initiated as producers still face uncertainty in the market and regulatory environment as well as changing producer demographics.
The complete 2010 edition of Meat and Poultry Facts can be purchased from AMI’s online bookstore (http://www.meatami.com/ht/d/StoreMO).
The regular price is $35 for AMI members and $75 for non-members. For additional information, or contact Jessica Mosley, AMI program manager of awards and education, at jmosley@meatami.com or 202-587-4252.
Source: American Meat Institute