close [X]

The Competitive Dairy Case: An Interactive Dashboard

Market Intel / September 20, 2018

A recent USDA analysis of  Information Resources Inc. data revealed that the market share of plant-based milk analogs, i.e., imitation milk made from almonds, coconut or soy, rose from 5.7 percent in 2013 to 7.6 percent in 2015. USDA, however, has not recently updated the market share information for these plant- and nut-based beverages. To provide insight on sales trends for these products since 2015, we used IRI scanner data from 2015 to July 2018 to estimate market shares of dairy and plant- and nut-based beverages, review regional trends in plant- and nut-based beverage consumption and estimate the prices of the competing products. The American Farm Bureau Federation has created an interactive dashboard for a more thorough look into the results of this analysis.

 

Explore the dairy case by clicking here

Contact:
Michael Nepveux
Economist
(202)406-3623
michaeln@fb.org
 

Share This Article

Credit: Jay Erickson/CC BY 2.0 

The backbone of the American economy is our infrastructure system – the roads we drive on, the bridges we cross,and the waterways we use for shipping. With a new infrastructure spending bill on the mind of many on Capitol Hill, this Market Intel will shed some light on current and historical spending patterns on America’s roadways and waterways.

Full Article
Credit: iStockPhoto 

USDA’s May 13 Crop Progress report revealed the U.S. corn crop at 30% planted, down 36 percentage points from the five-year average of 66% complete at this point in the planting season and down 29 percentage points from 2018 progress. Analysts had projected corn plantings at 35% complete. Similar delays are being realized in the U.S. soybean crop with only 9% planted, down 20 percentage points from the five-year average of 29% planted and down 23 percentage points from last year. Soybean plantings are down 6 percentage points from analysts’ expectations of 15%.

Full Article