Economic factors are creating a mixed bag for global pork demand.
Christine McCracken, Senior Protein Analyst with RaboResearch tells Brownfield as beef and poultry prices rise, they are seeing strong support for pork in the US market.
“The big question now is, will we see stronger demand into exports? I think that really reflects some uncertainty in global markets as we think through where the economy sits and some of the geopolitical tensions that are rising.”
She says consumers are entering a more challenging economic period, which could create increased competition from other proteins.