Title:demand and supply trend in USA Topic: demand and supply trends in USA Three to six pages in length, excluding Titl

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Title:demand and supply trend in USA
Topic: demand and supply trends in USA
Three to six pages in length, excluding Title page, citation
page, and tables, graphs, and figures. The purpose of this paper is
to clarify your understanding of consumer demand and producer
supply for a food product produced in the United States. The
product may be raw or processed, targeted for human use.
Assignment: The paper must include the elements discussed below. 1.
Introduction (one paragraph) -- Start with a discussion about why
you chose this commodity. Be specific. Examples could include your
family is involved in production of the commodity; you grew up in
an area where the commodity was produced; it is your favorite food
product. 2. Consumption – You are required to write about bullet
(a) below, then select one more topic (b through e) to include in
your write up. a. Discuss how per capita consumption of your
commodity has changed over the last twenty or more years? This
could include a discussion regarding how trends in consumption have
changed due to health concerns, convenience, new packaging (e.g.,
think about how iceberg lettuce is primarily now consumed in bags
versus heads), or in what forms the product is consumed (raw,
highly processed, canned, or frozen). Per Capita Consumption of Ag.
Commodities
https://www.ers.usda.gov/data-products/ ... ta-system/
AGBS 1 – Page 2 For wine
http://www.wineinstitute.org/resources/ ... /article86 b.
Discuss whether there are preferences for different kinds of
product lines (e.g., low fat versus whole milk). Check out the web
address below for spreadsheets from the USDA for levels of Per
Capita Consumption in the United States for all kinds of food
products over time. (Be sure to scroll down.) c. Are there
geographic areas or consumer segments that have high levels of
consumption relative to other areas or segments (male vs female,
young vs old, etc.)? If so, why? What are the primary substitutes?
d. What has changed in the marketplace in the last 10 to 20 years
in the way people regard this product? Have there been food safety
concerns, health scares, or popular nutritional news that changed
consumer interest? e. Is the product advertised? If so, describe
how the industry or companies have promoted the product. 3.
Production, Costs and Supply: address at least TWO elements in the
category below regarding your commodity. • What is the current
level of U.S. production? How have U.S. production levels changed
over the last 20 or more years? • How has technology impacted U.S.
production? • What are the significant states or regions of
production in the United States? Why is the commodity produced in
these states or regions? • What are the dominant companies (e.g.,
Gallo wine, Blue Diamond almonds, Sunkist oranges) in terms of
sales volume? Describe their volume of sales compared to the rest
of the market. 4. International Markets: address at least One
element in the category below regarding your commodity. • Are
internation.al Markets important for your US commodity? Tell me how
or why. • What are the top three exporting countries and what
percentage does each account for of the export market? In what form
is the commodity exported? • What are the top three importing
countries and what percentage does each account for of the import
market? What are the principal uses of the commodity in these
nations? Why are these countries major players in the import
market? 5. Conclusion/Outlook -- Have government interventions
impacted consumption and supply trends? What are your expectations
for this commodity in terms of retail and consumer preferences?
According to industry experts, what is the future supply outlook
for this commodity in the United States? Based on the evidence
provided in body of the paper, explain why you believe U.S. demand
and supply will grow, remain constant, or decline AGBS 1 – Page 3
in the coming years. Make sure that your conclusion is supported by
the evidence in the paper. 6. References • Information sources must
be cited in-text and in the references section. Sources NOT
identified throughout text will result in the loss of up to 30% of
the points possible. • A minimum of three sources is required. At
least one scholarly source (e.g., journal article, book, or web
pages with .edu or .gov) must be cited. Note: .org and .com are NOT
scholarly. • All citations must adhere to the Chicago writing style
guide. Be cognizant of style requirements when citing web pages.
The following website is a good source found on Fresno State
Library webpage: • http://www.bibme.org/citation-guide/chicago/ •
The USDA website contains a wealth of information regarding food
and fiber products, check out their Outlook publications in the
Search window of: http://ers.usda.gov/ Format: • Papers will be run
through Turnitin, a plagiarism app, that will exclude bibliography
and direct quotes. Threshold of 15% is acceptable. • MS Word
Document • A separate Title page with an appropriate paper title,
your name, date, and course number included. • Three to six pages
in length, excluding Title page, citation page, and tables, graphs,
and figures. • Fewer than three full pages will have a
proportionate point deduction. • One-inch margins. • Twelve-point
font Times New Roman. • Double-spaced paragraphs. • No spelling or
grammatical errors