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American Meat Institute Releases 2010 Version of Meat and Poultry Facts

Friday, December 10, 2010
 

The American Meat Institute (AMI), in cooperation with Sterling marketing, Inc.,  has released the 2010 edition of Meat and Poultry Facts, the industry’s leading statistical book.

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.

“It is our desire that the publication will continue to help people, both inside and outside of this complex industry, to better understand the important, but sometimes, confusing dynamics,” Nalivka said.

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.

“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 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 is now available for purchase from AMI’s online bookstore (http://www.meatinstitute.org/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@meatinstitute.org or 202-587-4252.

AMI represents the interests of packers and processors of beef, pork, lamb, veal and turkey products and their suppliers throughout North America. Together, AMI’s members produce 95 percent of the beef, pork, lamb and veal products and 70 percent of the turkey products in the United States. Headquartered in Washington, D.C., the Institute provides legislative, regulatory, public relations, technical, scientific and educational services to the industry. Its affiliate, the AMI Foundation, is a separate 501(c)3 organization that conducts research, education and information projects for the industry.

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