US Produces +25% More Pork Than We Did 20 Years Ago… But Consume -9% Less
U.S. farmers produce +25% more pork than they did two decades ago. But… U.S. demand for pork is -9% less than what it was 20 years ago, according to estimates from Kansas State University. The resulting glut has shrunk U.S. pork producers’ profit margins to their lowest levels since 1998, according to the American Bankers Association. If …
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