2019 Top 100 meat and poultry processors: Holding pattern
After several years of record sales and optimism, meat and poultry processors featured in our annual Top 100 Processors Report display a more cautious outlook for the industry.
In recent years, our annual Top 100 Meat and Poultry Processors Report was littered with constant references to record sales, best years ever and rosy outlooks for the future. That has, at least temporarily, come to a halt in the 2019 edition, as processors are realizing they face slower sales and looming problems.
For the first time since the question “How was your company’s last fiscal year performance?” began appearing in our Top 100 questionnaire, a majority of respondents answered “average” instead of “best year ever.” Although there was a general belief that the current fiscal year would be better than the last one, processors seemed more aware than ever of the challenges ahead.