– US Pork Demand Has “Uncharacteristically Declined” In Peak Grilling Season:
Agribusiness television network RFD-TV reported signs of pork demand slowing among US consumers. Ag analysts told them this was unusual because of the summer grilling season.
USDA’s Outlook Board Chair says it is unusual to see a slowdown in demand, especially during summer grilling season. In turn, that means lower hog prices. USDA has lowered its hog price forecast this year by $2.12, landing at $59.13 per hundredweight. Next year is not looking much better and they say it could come in nearly $0.40 lower for next year’s forecast.
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Related info:
– However after receiving all these inquiries, I did some research on the topic. Evidently several mRNA vaccines have been approved for swine (i.e. pigs and hogs), and many of the large commercial farms have been using them in their hogs since 2018. So most of the pork you buy at the grocery store comes from pigs injected with mRNA vaccines.
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