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Update on the Pet Food Sector in the United States

Update on the Pet Food Sector in the United States. Duane Ekedahl, President, Pet Food Institute GAPFA Meeting, Vancouver, Canada November 7, 2012. The 2012 Drought. The 2012 Drought. Worst US drought since 1950s Covered 80% of farmland Expected corn/soybean yields way down

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Update on the Pet Food Sector in the United States

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  1. Update on the Pet Food Sector in the United States Duane Ekedahl, President, Pet Food Institute GAPFA Meeting, Vancouver, Canada November 7, 2012

  2. The 2012 Drought

  3. The 2012 Drought • Worst US drought since 1950s • Covered 80% of farmland • Expected corn/soybean yields way down • Corn (122 bu/acre, down from 166 bu/acre) • Soybeans (37.8 bu/acre, down from 43.9 bu/acre) • Ranchers liquidating herds • Higher meat/dairy prices projected

  4. New Federal Regulations • FDA Amendments Act (FDAAA) - 2007 • Ingredients • Labels • Processing • Food Safety Modernization Act (FSMA) - 2011 • Preventive Controls • Inspection and compliance • Imports

  5. Pet Population TrendFigures in Millions* • Unknowns: • Long term impact of the economy • Long term impact of breeder restrictions, pet sale bans and spay/neuter efforts * Source: Euromonitor International

  6. Pet Food SalesBillions US$* * Source: Euromonitor International

  7. Thank you

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