Retail pork prices expected to decline

Retail pork prices are expected to fall another 3% to 4% this year, according to the USDA’s monthly Food Price Index report released June 25.

USDA also estimated that retail pork prices this May were 6.8% lower compared with year-ago prices, and 0.1% lower when comparing May’s prices to those in April of this year.

The report showed retail pork prices rose 9.1% in 2014, and 2.8% for the 20-year historical average.

USDA estimates retail prices for all meats will increase 2.5% to 3.5% this year.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish