Hot Topics

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Hot Topics!
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Global Situation Holds Unprecedented Opportunity
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General Global Conditions

• WORLD-WIDE DEMAND FOR PORK IS GROWING
• INCREASED POPULATION AND INCOMES MEAN DRAMATIC
  GROWTH FOR MEAT
• GROWTH NEVER IS LINEAR

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TENSION
OLD ORDER
NEWORDER
RANDOM SHOCKS
TIME
Attributes
Food
Meat
Pigs
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The Meaning of High Input Costs
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Economic MeaningOne or All Must Happen

• Value of Pork Produced Must Increase
• Production Must Decrease
• Demand for Pork Must Increase

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Food as a Political Weapon
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(No Transcript)
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Food Security

• What Do You Do When You are Resource Rich But
  Food Poor?

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Current Strategies

• Ban Exports to Stabilize Domestic Supply and
  Price
• Ban Futures Market Trading (Constrain
  Speculation)
• Enter Long-term Strategic Alliances
• Acquire Global Production Through Purchase of
  Land or Long-term Contract

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Capitalism Increasingly Blamed
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Problems Caused by Capitalism

• Externalities
• Animal Welfare
• Speculation
• Wealth Concentration/Increased Poverty
• Militarism

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Implications for Production and Technology
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Global Food Security

• Will Free Market Solutions (Imports/Exports) Win
  the Day?
• Withdrawing from the Global Market (Banning or
  Blocking Exports/Controlling Imports)
• Resource Rich But Food Poor Strategic Alliances
  and Arable Land Acquisition

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The New Swine Industry

• Producers Have Loss Sight of Profitability as the
  Organizing Principle of Production
• The New Definition of Quality Managing Toward
  the End Result
• Implications for the New Technologies
• Implications for Control

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N 16,311
PROFIT MAX WEIGHT FOR INDIVIDUAL PIG
(278 lbs)
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N 16,311
(255 lbs)
255 278
PROFIT MAX WEIGHT FOR INDIVIDUAL PIG
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REDUCING STD OF PIGS IN THE FINISHER BY 30
248-307lbs
235-319lbs
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N 16,311
(255 lbs)
255 278
PROFIT MAX WEIGHT FOR INDIVIDUAL PIG
264