Consumer-level demand for pork remained strong through September, according to the University of Missouri, report Steve Meyer and Len Steiner. The index of pork demand gained 0.1 per cent relative to last year and stood 4 per cent higher at the end of February.
The higher index means that retail prices have not had to be lowered as much as expected to move the larger quantities of pork that have been placed on the U.S. market since the novel H1N1 influenza situation began in late April. In fact, monthly domestic pork disappearance in June, July and August 2009 were all among the top three in history for the respective month.
Click here to see more...