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A column argues that US beef demand is highly inelastic because about 12% of consumers account for roughly half of beef consumption. It suggests pork is not a close substitute for beef and proposes ground-beef blends as a route to higher pork demand.
This is opinion on demand structure with no new event; it has little direct effect on near-term feed or hog prices.
nationalhogfarmer.comDennis SmithNov 2, 2026Not 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.
