Pricey beef has hog farmers betting consumers will eat more pork

Quick Summary:

The smallest US cattle herd since the 1950s is making beef too expensive for shoppers.

With a lot of pork to go around, producers are now banking on consumers ordering more sausage and pepperoni pizzas and on rising demand during the grilling season, with the July 4 Independence Day holiday approaching.

The smallest US cattle herd since the 1950s is making beef too expensive for shoppers, who have seen prices climb month after month and mostly exhausted savings from the Covid-19 pandemic.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Consumers Producers Been Beef Pepperoni Pork Subscriber-only Month Prices Expensive Demand

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-23 @ 05:00:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 226 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 21339995

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 17 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 11 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #25

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