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Ever.Ag economist Steve Meyer says the pork outlook is better but not good, with input costs lower and wholesale demand strengthening. He expects per capita pork consumption to fall to just under 50 pounds in 2024.
Lower projected consumption and supply cuts could restore hog prices, but the outlook remains weak, limiting feed demand growth.
porkbusiness.comJennifer ShikeFeb 2, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
