# Will Consumer Demand Drive Strong Pork Prices in 2023? - Pork Business

> Economist Steve Meyer discussed the 2023 pork outlook at the Ohio Pork Congress, forecasting 3% to 5% export growth led by Japan, South Korea and Latin America. He noted domestic demand remains strong but is slipping from record levels, and that production costs have shifted to a higher permanent level. Prop 12 remains pending before the Supreme Court.

- Date: 2023-02-24 · published 2023-02-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37473-will-consumer-demand-drive-strong-pork-prices-in-2023-pork-business
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Export growth and resilient domestic demand support hog prices, while higher production costs and a possible Prop 12 ruling could alter supply economics.

## Read by commodity

- HOGS: neutral

## Sources

- porkbusiness.com: https://www.porkbusiness.com/news/hog-production/will-consumer-demand-drive-strong-pork-prices-2023

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