Pork demand is expected to rise in North America and Brazil, where beef supply is tight, according to the bank’s calculations. Photo: Canva
Pork producers are choosing a cautious and strategic approach to expansion, according to the latest RaboResearch report. On one hand production costs are expected to decline, but there continue to be animal health challenges as well as global trade uncertainties. The report, which was released on February 12, stated that generally 2024 was a profitable for pork producers, but herd expansion was slow. Areas where production grew slightly were China, Brazil and Mexico, whereas decreases could
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