Factors Shaping Expanding U.S. Red Meat Trade (LDPM-175-01, February 2009) U.S. imports and exports of red meats—beef, pork, lamb, and mutton—have expanded rapidly over the last several decades, linking livestock sectors of the United States to those of several major trading partners. Factors driving this trade growth include not only rising incomes, but also the preference of U.S. and foreign consumers for a greater variety of red meat cuts, facilitated by the expansion of free trade agreements. Changes in currency values, including the recent depreciation of the U.S. dollar against the currencies of key trading partners, have also been important influences in expanding trade in U.S. red meat products. Domestic production continues to provide the main share of beef and pork consumed in the United States, while the share of U.S. lamb consumption from imports has increased significantly. While the red meat (and poultry) markets have been punctuated by animal disease issues over the last few years, the integration of trade is expected to continue.
Animal Products Markets in 2005 and Forecasts for 2006 (LDPM-14601, September 2006) looks at how uncertainty continues to shape the forecasts for animal products markets and trade in 2006. Potential and actual animal disease outbreaks, consumer sensitivities, volatile exchange rates, and growing competition from producers in other countries cloud U.S. trade prospects for major meats.
Disease-Related Trade Restrictions Shaped Animal Product Markets in 2004 and Stamp Imprints on 2005 Forecasts (LDPM-13301, August 2005) Disease outbreaks and related trade restrictions that affected U.S. animal product markets and exports in 2003 continued to constrain markets in 2004. U.S. cattle and beef markets were most affected. Pork, dairy, and lamb markets did not face any direct disease issues but both U.S. and international outbreaks of Avian Influenza buffeted poultry markets. Forecasts of 2005 U.S. animal-products trade reflect expected market responses given the uncertainties surrounding cattle and beef markets in the United States.
Interstate Livestock Movements (LDPM-10801, June 2003) analyzes livestock marketing patterns. As part of the overall meat production system, livestock movements affect profits for livestock owners, what consumers pay at the supermarket and restaurant, and potential for spread of animal diseases.
Economic Impact of the Elimination of the Wool Act (April 1999) considers the implications of the loss of National Wool Act programs on wool and mohair producers. The 1999 congressionally mandated study examines changes in the value and production of sheep, lamb, wool, and mohair at the national level and for two counties in Texas. (In 1993, Congress enacted legislation that phased out price support for wool and mohair in 1995. The 2002 Farm Act, however, added wool and mohair to the list of commodities eligible for marketing assistance loans and loan deficiency payments)
The U.S. Sheep Industry (AGES-9048, July 1990) examines production of lamb and lamb products, returns in the sheep industry, demand and marketing trends for lamb, and lamb imports.