# WPX 2024: Steve Meyer shares global pork outlook
						 | The Pig Site

> Steve Meyer of Ever.Ag said US pork market conditions are better but still poor, with break-even costs down to about $87 from above $97 last year. He expects break-evens to stay in the $80s for several years as non-feed costs rise and demand softens somewhat.

- Date: 2024-06-27 · published 2024-06-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29920-wpx-2024-steve-meyer-shares-global-pork-outlook-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Persistently high producer costs and softer demand suggest limited upside for hog prices despite some supply discipline. This is an outlook opinion rather than a new market shock.

## Read by commodity

- HOGS: neutral

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/wpx-2024-steve-meyer-shares-global-pork-outlook

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.