FarmEcon LLC

A source of information on global farming and food systems
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Welcome to FarmEcon LLC


FarmEcon LLC is an agricultural and food industry consulting firm located near Indianapolis, in Carmel Indiana.   We are capable of performing a wide range of  consulting assignments (see Custom Studies, Recent Projects and About Us) and we are also the home of AgSCAPE, a county-level database of key U.S. crop and livestock estimates.   

 

Center For Global Food Issues

 

For more information on the benefits of modern, high yield, farming for the environment visit the Center for Global Food Issues, a project of the Hudson Institute. 



 
 
Recent Public Presentations and Studies
 
 
1/11/2010 NTF Outlook Presentation
The PowerPoint slides presented by Dr. Elam at the NTF annual meeting are available here
11/12/2009 Penn State Dairy Nutrition Conference
The PowerPoint slides presented by Dr. Elam at the Penn State conference are available here
10/20-23/2009 Poultry Meetings, Vienna, Austria
The PowerPoint slides presented by Dr. Elam at the Elanco Center of Excellence meeting in Vienna are available here
7/20/2009 Feedstuffs Article on Global Meat Demand
The article highlighting the relationship between global consumer spending and total meat production can be downloaded here.
 
Canadian Poultry and Egg Processor Council Slides
The FarmEcon LLC slides presented at the June 9, 2009 CPEPC meeting can be downloaded here.
PCO Demand/Supply/Cost Outlook Slides
The FarmEcon LLC slides presented at the March 7, 2009 PCO meeting can be downloaded here.
NTF Annual Meeting Turkey/Feed Cost Outlook Slides
The FarmEcon LLC outlook slides (1.6 mb) presented at the February 5, 2009 NTF convention in Orlando can be downloaded here.
International Poultry Exposition Talk, 1-30-09
The poultry feed cost outlook presented at the IPE on Friday, January 20, 2009 can be downloaded here. 
Choices Article on Biofuels Policy
The AAEA journal Choices published a special edition on biofuels.  The FarmEcon LLC paper that appeared in Choices is available here.
The entire issue is available from this link: http://www.choicesmagazine.org/magazine/pdf/issue_5.pdf or from this site by clicking here.

 

BeefEx Presentation on Biofuels and Feed Prices

Gold Coast, Australia, October 8, 2008
The paper is available here.
 
Does ethanol production affect gasoline prices?
 One of the claims of the pro-ethanol lobby is that increased ethanol production is holding down the price of gasoline in the U.S.  In a statistical analysis of the U.S. gasoline market Dr. Elam shows that increased ethanol production since January, 2000 has had no effect on either gasoline prices or refinery margins.  Wholesale gasoline prices are explained by crude oil prices, gasoline inventories, refinery utilization rate, season of the year and a series of one-time events in 2005-2007. The complete paper is available here.
 
Elanco Turkey Tech Presentation, August 13-14, 2008
 Click here to open/save the FarmEcon LLC presentation at the Elanco Turkey Tech meetings.

 National Chicken Council meeting, Hilton Head, July 22, 2008

Click here to open/save the FarmEcon LLC presentation at the NCC meeting.
Texas A&M Ag Forum, Austin Texas, June 9, 2008
 Click here to open/save the FarmEcon LLC presentation at the Texas A&M meeting, June 9, 2008.
Cost of biofuels policy to the U.S. Economy
Ethanol production, spurred on by federal subsidies, is increasing corn demand and causing sharply higher feed costs for producers of meat, poultry and dairy products.  Despite the largest corn plantings on record and near-record yields, corn prices remain well over their 3-year average.  Given the corn prices that ethanol producers can afford at $100+ per barrel oil and current ethanol subsidies it appears that feed costs have permanently moved to a much higher plateau. 
 
Dr. Elam recently published a study on the effects of Federal ethanol subsidies on feed and food costs.  This study was sponsored by the National Turkey Federation, the National Chicken Council and the American Meat Institute. 

 

A copy of the full study is available here.

 

A copy of the study presentation to National Chicken Council/U.S. Poultry and Egg Association Food Media Seminar, April 7, 2008, is available here.

 

This paper is also available from the "Balanced Fuel and Food" website.

 

An update of this study, including an expanded analysis of the effects of the 2008/2009 RFS done for Balanced Food and Fuel is available here.

 

Published September 27, 2007:  10 Myths About Food-Based Bio-Fuels

 

The facts behind bio-fuels produced from foodstuffs are not what you may read and here.

 
 
Dr. Tom Elam named as a Poultry USA "Top Gun" consultant
 
The November 2006 edition of Poultry USA named Tom Elam as one of the most trusted consultants to the U.S. poultry industry.  You can see the entire list of "Top Guns" at:  http://www.wattpoultryusa-digital.com/wattpoultryusa/200611

 


 

Thomas E. Elam, PhD
President
FarmEcon LLC
317-873-9949 (Office)
317-414-7026 (Mobile)

3825 Constitution Dr.
Carmel IN 46032

 

thomaselam@farmecon.com

 
 

This page was last modified on Thursday, February 11, 2010