2020 Meat and Poultry Industry Economic Outlook: Weathering the storm
Experts believe continued gains in export markets in 2020 will enable further growth for the meat and poultry industry, despite the turbulence and turmoil around it.
Despite uncertainty over trade agreements, tariffs and bad weather, the poultry, pork and beef industries once again proved resilient in 2019. The reason? Strong domestic demand, pricing and increasing exports to China after the African Swine Fever (ASF) affected China’s hogs.
Opportunities in export markets are cautiously expected to improve in 2020, bolstering the meat industry.