2018
Soybean Meal Demand Assessment
State-By-State Economic Analysis
Summary Of Results
This current research suggests that 32.3 million short tons of SBM was fed to animal agriculture during the 2017/18 soybean marketing year. A combined total of 2.9 million tons of soy hulls were fed to hogs, dairy and beef cattle. Of the total 32.3 million SBM short tons amount, ranking from highest consumer to lowest: Broilers consumed 15.8 million tons (nearly forty-nine percent), Hogs consumed 7.5 million tons (slightly more than twenty-three percent), Layers consumed 3.0 million tons (slightly more than nine percent), Dairy consumed 2.8 million tons (nearly nine percent), Turkeys consumed 2.3 million tons (slightly more than seven percent), and the rest of animal agriculture (beef cattle, companion animals, aquaculture, sheep and meat goats) round out the last three percent.
U.S. Total 2018 Soybean Meal Consumption
All figures in thousands of tons.
U.S. Economic Impact 2018
This section details the impact of animal agriculture for the U.S. during 2008-2018. As demonstrated, animal agriculture is an integral part of the U.S. economy. The results of the analysis indicate that diminishment or removal of any one of the animal agriculture industries will cause negative impacts to the remaining industries within the impacted region and beyond. Table 29 (at the end of this section) shows state-by-state estimated 2018 economic impacts of animal agriculture. During the last decade in the U.S., animal agriculture has contributed to the following measures of economic activity: $16.6 billion increase in economic output, $3.2 billion expansion in household earnings, 73,366 more jobs, $734.5 million more income taxes paid.
U.S. Animal Units Overview 2018
Allow equal standards for all animals based on species, size, and manure produced. The AUs used in this study are based on the prevailing concept of an AU being one 1000 pound beef cow consuming an average of 2.6% of its body weight daily, however, daily consumption varies throughout the year. Other species are calculated as 0.1 AU per 100 pounds of body weight (e.g., a 450 pound sow =0.425 AU).
