# Meat Values Stoke Revenues; Inflation Offers Pause, CoBank Says - Pork Business

> CoBank economist Brian Earnest says consumer demand for meat and poultry remains resilient despite food inflation. Retailers are shifting toward value items such as ground beef, chicken breasts and pork chops. USDA forecasts record 2022 per-capita red meat and poultry consumption of 225 pounds.

- Date: 2022-10-19 · published 2022-10-19T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/39276-meat-values-stoke-revenues-inflation-offers-pause-cobank-says-pork-business
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Steady meat demand supports livestock and poultry prices, though the shift toward value cuts and inflation pressures could weigh on premium segments.

## Read by commodity

- HOGS: neutral
- CHICKEN: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2024-05-31 | [Cut Through the Noise: What Economists Want Producers to Know - Pork Business](https://feedsoft.ai/events/30397-cut-through-the-noise-what-economists-want-producers-to-know-pork-business.md) | -0.8% | -3.2% |
| HOGS | 2020-10-27 | [Rabobank: Meat markets ‘tested’ in Q4 \| 2020-10-27  \| MEAT+POULTRY](https://feedsoft.ai/events/50591-rabobank-meat-markets-tested-in-q4-2020-10-27-meat-poultry.md) | -4.0% | -7.4% |
| HOGS | 2018-06-04 | [FoodFarmNews: China’s pig farmers plan to produce mega hog-farms to meet demands of world’s biggest pork market](https://feedsoft.ai/events/64512-foodfarmnews-china-s-pig-farmers-plan-to-produce-mega-hog-farms-to-meet-demands.md) | +3.9% | +10.6% |
| HOGS | 2019-03-08 | [Analyst: Beef will lead the protein pack in 2019 \| 2019-03-08  \| MEAT+POULTRY](https://feedsoft.ai/events/60235-analyst-beef-will-lead-the-protein-pack-in-2019-2019-03-08-meat-poultry.md) | +9.2% | +36.7% |
| HOGS | 2023-07-10 | [Porkonomics: An Economic Outlook for the Pork Industry - Pork Checkoff](https://feedsoft.ai/events/35181-porkonomics-an-economic-outlook-for-the-pork-industry-pork-checkoff.md) | +2.7% | +3.9% |
| LCATTLE | 2020-10-27 | [Rabobank: Meat markets ‘tested’ in Q4 \| 2020-10-27  \| MEAT+POULTRY](https://feedsoft.ai/events/50591-rabobank-meat-markets-tested-in-q4-2020-10-27-meat-poultry.md) | +1.8% | +5.0% |
| LCATTLE | 2025-10-29 | [Economics of U.S. Beef and Cattle Market \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/22524-economics-of-u-s-beef-and-cattle-market-farm-bureau-intel-markets-american-farm.md) | -1.4% | -8.8% |
| LCATTLE | 2021-07-14 | [SE Asia Report: COVID surge creating havoc across Asia - Beef Central](https://feedsoft.ai/events/46013-se-asia-report-covid-surge-creating-havoc-across-asia-beef-central.md) | -0.5% | +1.5% |

## Sources

- porkbusiness.com: https://www.porkbusiness.com/news/hog-production/meat-values-stoke-revenues-inflation-offers-pause-cobank-says

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