The Wall Street Journal has an article in tomorrow's editions about the boom in pork. "The other white meat" has seen wholesale prices double in the past 18 months, driven by switches from beef, a rising export market, and a renewed interest in pork recipes.
Ag economists expect US farms will slaughter 104mn hogs this year, a record. Current market prices are about 60 cents per pound to the farmer, which will produce a profit of about $50. Farmers of specialty breeds, organics, and others can expect to double these margins, and then some.
About 10% of the US slaughter will be exported. Much of this is to nations which have banned US beef in the wake of the Mad Cow scare in 2003. There's some concern (among pork people) that a dropping of the ban on beef will douse pork sales.
Pork is hot!
Started by Rail Paul, Oct 19 2004 02:20 AM
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Rail Paul
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Posted 19 October 2004 - 02:20 AM
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