Rabobank predicts steady growth for the pork industry. A new report by Rabobank says increased production and additional processing capacity, and the likely improvement of margins will help the U.S. pork industry remain in expansion mode through 2025. The report, “Steady Growth Ahead for the U.S. Pork Industry,” says domestic consumption is expected to grow slightly, but most of the …
Pork Checkoff Adjusts Digital Strategy
Announces Partnership with Yummly With a focus on upgrading its digital footprint and connecting with consumers, the Pork Checkoff has launched a unique recipe partnership with the website and mobile app called Yummly. Yummly connects the right cook, with the right food and recipes, at the right time. Founded in 2010, today Yummly is a leading innovator in personalized recipes …
Rabobank: U.S. Pork Industry Should Continue Growth
A new report from the RaboResearch Food and Agribusiness Group looks at the growth of the U.S. Pork industry and the factors that could influence continued growth. Rabobank analysis shows the pork sector could grow 11 percent between 2017 and 2025. That growth will be supported by increasing production efficiency and adding additional processing capacity. These are the two most …
Beef Exports Remain Strong, Pork Slightly Lower
A monthly measure of meat exports shows U.S. beef posted another outstanding performance in August, remaining well above last year’s pace, and August pork exports increased from the previous month but were down slightly year-over-year. The U.S. Meat Export Federation reports that August beef exports totaled 112,000 metric tons, up five percent from a year ago and the largest of …
Exports are Critically Important to the Pork Industry
Exports are critically important to the swine industry. With large hog supplies, National Pork Board CEO Bill Even believes the significance of foreign demand will only grow. U.S. pork is known for its quality. Even as part of a National Pork Board trade mission to Japan and China. These markets are very different. The Japanese market is a …
Pork Export Success
Exports remain an important part of the U.S. industry. U.S. Meat Export Federation (USMEF) spokesman Joe Schuele says Mexico is importing a record amount of pork. South Korea is another top-performer. Sales haven’t been at this level since 2011 when Korea had a severe domestic shortage of pork due to a foot-and-mouth disease outbreak. South America has also …
U.S. Pork to Soon Be Allowed in Argentina
The U.S. and Argentina have agreed to terms that could soon allow U.S. pork to be sold in Argentina for the first time in decades. Gary Crawford has the story. Nick Giordano, Vice President of Global Government Affairs with the National Pork Producers Council, talks about the growing appetite in Argentina for pork. Sponsored ContentNuseed Carinata Covers New …
Pork Industry Concerned about U.S. Trade Tensions with China
The pork industry is concerned that new U.S. trade tensions with China could result in retaliation against U.S. farm sectors. National Pork Producers Spokesman Dave Warner says the Trump Administration is right to deal with countries that discriminate against U.S. exports, just as it will in NAFTA talks starting this month. China may be considering a retaliatory response, including against …
June Results Confirm Strong First Half for U.S. Red Meat Exports
U.S. pork and beef exports continued to trend above year-ago levels in June, capping a very strong first half of the year. According to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF), exports also achieved higher values on a per-head-slaughtered basis and accounted for a steady-to-higher percentage of total production. June beef exports were the …
Love for Bacon Pushing Pork Belly Prices to Record Highs
America loves its bacon, and that love is pushing pork belly prices to record highs. Prices for the part of the hog that’s used to make bacon have jumped roughly 80 percent higher this year. This comes in spite of frozen reserves at a low not seen in sixty years. Market research firm Nielsen says Americans bought 14 percent more …