Demand For Meat Remains Strong Despite Rising Prices

Despite rising price points for meat and poultry, animal protein demand is expected to remain strong in the new year. The combination of higher revenues and falling feed prices is boosting producer optimism. CoBank Animal Protein Economist Brian Earnest joins us for an analysis of the market, including consumer demand for beef, chicken, and poultry, and the overall sentiment in the animal protein sector.

Related Stories
Wheat futures briefly hit a three-month high before retreating as the markets wait for word on whether the deal will actually happen.
Expect modest relief on several produce lines, mixed protein trends into holiday buying, and softer veg-oil costs — a good week to sharpen forward buys selectively.
USDA will meet part of November SNAP benefits under court direction, citing insufficient funds for full payments.
An import lag for ground beef will likely look different than last year’s egg shortage. The difference comes down to biosecurity and market flexibility.
America’s love for burgers depends on open markets. Without lean beef imports, prices would skyrocket, crushing demand and destabilizing the beef industry.
High milk production and soft retail demand are squeezing prices and margins — making careful feed and risk management essential through year-end.
The Livestock Conservancy joins us in the RFD-TV Studio to discuss how protecting heritage-breed poultry is essential to resilient food systems and the preservation of agricultural traditions.
Texas A&M livestock economist Dr. David Anderson joins Tony St. James to discuss the geopolitical tensions and U.S.-Mexico border closure that are leading to sharp swings in the cattle market.
Farm Bureau Economist Faith Parum discusses key outcomes from the U.S.-China trade agreement and the benefits of expanding trade across Southeast Asia.