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Fresh Pork Prices Drift Lower as Ample Chicken Supply Offsets Pork/Beef Decline

Fresh pork prices continue to be pressured lower due to increased competition from chicken breasts at retail and seasonal decline in demand.

Highlights

  • Fresh pork prices continue to be pressured lower due to increased competition from chicken breasts at retail and seasonal decline in demand.
  • Market for processing items is mixed. Pork belly prices are rangebound on higher seasonal supply and ample freezer inventories. Expectations are for belly prices to be higher in Q1 as supply will seasonally decline and processors will start to build inventories for...

 

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Nov 8 8:17 AM, General News



Poultry Quarterly Q4 2022: Keeping Chicken Affordable in Times of Major Cost and Supply Challenges

The outlook for the global poultry industry is for strong market conditions, despite ongoing operational challenges.

Report summary

The outlook for the global poultry industry in Q4 2022 and early 2023 remains strong, despite the big challenges across global poultry as well as some recent setbacks in North America. From a market perspective, a weaker economic climate with pressure on spending power will lead to more price-driven consumer behavior, which supports poultry consumption as it is the cheapest meat protein option...

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Sep 27 8:00 AM, General News







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