Sustainability in the Pork Industry: What’s Coming and Why Pork Producers Need to be Ready
Sustainability isn’t a buzzword that is going away. There are more global factors than ever that continue to put pressure on pork and food producers.
Find important industry news right here.
Sustainability isn’t a buzzword that is going away. There are more global factors than ever that continue to put pressure on pork and food producers.
Slaughter numbers should be near the highest levels for the year and will be at least 100k head/week lower in Jan/Feb. This should bolster prices for some fresh pork items, such as loins and butts.
Tight supply remains despite packers ramping up slaughter ahead of the upcoming holidays.
Real Pork is the industry’s trust and image brand — it's how we differentiate pork from alternatives. NPB has promoted Real Pork in three key areas this year.
Fresh pork prices continue to be pressured lower due to increased competition from chicken breasts at retail and seasonal decline in demand.
NPPC, NPB and state organizations launched the Pork Industry Immersion Program for early career development.
Slaughter is down almost 5% from 2019, exports to Mexico are record high, turkey prices are record high and cold storage inventory is down double digits. Expect ham prices to remain firm through the holidays this year.
Supply chain challenges. Labor shortages. Sustainability pressures. Market volatility. Ruth Kimmelshue of Cargill Animal Nutrition shares her take on these issues through a pork industry lens.
Check out the highlights from NPB's September webinar.
→ Purdue University's new #meat dashboard.
→ An overview of the Q3 USDA Hogs and Pigs Report.
→ Iowa Pork's ground pork project in grocery stores.
Hog breeding herd as of September 1 was estimated down from the previous quarter as well as 0.6% lower than a year ago. The pig crop through next Feb is expected to decline y/y, suggesting no supply growth through next summer.
The highest hog slaughter since early January and the increase in supply pressured pork prices lower overall, with retail product seeing the biggest impact.
With discussions on food inflation, hunger and nutrition insecurity at all-time highs, low-income families are challenged to keep nutritious meals on the table. Pork has a huge role to play.
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