Exam 1 Review Flashcards
defined and regulated by the company that owns the brand
Natural
- Minimally processed
- no Artificial ingredients
- No preservatives
-Generally no implants, no antibiotics
Natural
Must be certified by the USDA each segment of the production chain must be certified
Organic
- certified producers
-feeders and processors
-organic feedstuffs
-no antibiotics
Organic
production of agriculture commodities using resources, technologies and management practices that promote clean air, clean water and productive soils
Sustainable
Basic Human Needs
Food, Clothing, Power, Shelter, Emotional well being, Fuels, Physical well being, entertainment
- Fewer production units
- Larger average size
- more specialization
Production Unit
Simplified Livestock Industry Structure
- Seedstock Breeding
- Commercial Breeding
- Growing/Finishing
- Packing
- Wholesale Distribution/Processing
- Retail
- Consumer
One firm owns 2 or more industry segments
Ownership integration
ownership of segments may be separate, but one firm
may control (at least partially) multiple segments through contract
arrangements
Contract Integration
What is Vertical integrator
Poultry
Red meat products come primarily from?
Cattle, Swine, sheep, goats and others
Red Meat: Beef
cattle
Red Meat: Veal
calves
Red Meat: Pork
hogs