Slight expansion to buoy pork prices

摘要

THE pork industry has largely overcome the impacts of the 2014 porcine epidemic diarrhea virus (PEDV) outbreak, Purdue University agricultural economist Christ Hurt said in a recent report."Pork producers have been disciplined in limiting expansion after record 2014 profits. As a result, pork supplies should be only modestly higher in 2016 and provide prices that cover all costs of production," he said. "However, there are some concerns for the longer run as global meat and poultry supplies continue to expand, with a weak world income base."