The pork industry has until the end of the year before Prop-12 takes full effect and the impacts still remain unknown.
Michael Formica with the National Pork Producers Federation says that while the end-of-the-year grace period will help the transition, it likely will be until later this fall when the full effects come into focus.
He says that fresh pork supplies will soon diminish but there is still product in the freezers.
As the clock ticks down, he says that producers wanting to sell in California after the end of the year will need to be audited. He also notes that costs will ultimately be passed down to the consumer.
Related Stories
Concerns over Chronic Wasting Disease are fueling a long-standing legal battle between Minnesota regulators and deer farmers. The case could soon reach the state’s Supreme Court with broader implications for agriculture.
The National Cattlemen’s Beef Association (NCBA) and Public Lands Council (PLC) are praising the passage of a bill to delist gray wolves as an endangered species by the U.S. House last week.
Recent USDA export sales data show China has been active in the U.S. market, but analysts tell RFD-TV News that the timing is a key clue.
Tight feeder supplies and lower placements indicate continued support for the cattle market, with regional impacts heightened in Texas by reduced feeder imports.
Cattle markets are watching the Cattle-on-Feed Report for signs of tighter supplies, while USMEF warns limited China access is cutting producer profits.
Lower milk prices may pressure margins, but strong cattle values could soften near-term financial impacts.