BryanGSimmons wrote:
Just saw the sneak peek for tomorrow's ad. Bone-in half pork loins,
$1.19/#! What is this inflation in grocery prices I keep hearing about?
P0rk is *one* thing that is still pretty reasonable...
https://carnivorestyle.com/why-is-pork-cheaper-than-beef/
https://qz.com/us-pork-producers-in-2023-are-looking-at-their-least-pr-1851093618
US pork producers in 2023 are looking at their least profitable year on record Even bacon-crazy Americans can't fully offset a broader slump in demand
By Laura Bratton
PublishedDecember 12, 2023
"US consumers’ demand for pork has waned dramatically over the past year. Even as pork prices edged down in November, demand fell further. And pork producers are feeling the punch.
Pork producers are losing money—an average loss of $32 per hog is projected for US hog growers in 2023. That trend will also continue into next year, according to economists.
“Profitability as we look at 2023 and 2024 is going to be potentially the worst two-year stretch ever for pork producers,” Iowa State’s Schulz says..."
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GM
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