U.S. pork production devastated with meat shortages expected from this week as pigs euthanized, plants closed

United States News News

U.S. pork production devastated with meat shortages expected from this week as pigs euthanized, plants closed
United States Latest News,United States Headlines
  • 📰 Newsweek
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 52%

Stocks of pork products will be low throughout May, with slaughterhouses shutting down because of workers contacting the coronavirus.

Pork shortages are likely within days following the closures of processing facilities due to coronavirus-related worker illness. High pork prices are likely in the coming weeks.

The closures of slaughterhouses have caused huge problems for pig farmers. With hogs needing to be kept in buildings to be fattened up for slaughter, incoming piglets have nowhere to go, forcing some farmers, already reeling from an upended supply chain after the closures of restaurants, to cull the hogs and piglets or even give pregnant sows injections, causing them to abort their baby pigs.

"The difference today is we have a situation where we are not running the plants at even close to capacity, so the hogs are being backed up," he told"The pipeline of pork is drying up quickly and that is going to create the shortage," he said,"[which] is going to show up real quick, I think at the retail outlets, probably at the end of the week."

In any case, these stocks are only a"short term" solution, according to David Ortega, associate professor and food economist at Michigan State University. Meanwhile, Jayson Lusk, professor of agricultural economics at Purdue University, in West Lafayette, Indiana, said he expected prices to rise"in the coming week, reflecting increased scarcity."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Newsweek /  🏆 468. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks open higherStocks open higherInvestors continue to worry about the coronavirus pandemic's impact on the economy. Here's what's moving markets today.
Read more »

Stocks fall, Dow snaps 4-day winning streak as big tech shares slideStocks fall, Dow snaps 4-day winning streak as big tech shares slideThe Dow snapped its four-day winning streak as big tech shares slid. Here's how the major averages performed: - The Dow dropped 32 points. - The S&P 500 fell .52%. - The Nasdaq lost .4%.
Read more »

US stocks slide amid mega-cap tech weakness and earnings uncertainty | Markets InsiderUS stocks slide amid mega-cap tech weakness and earnings uncertainty | Markets InsiderUS stocks slid on Tuesday, dragged lower by mega-cap tech weakness, oil-market volatility, and uncertainty around earnings season. Adobe and Mic...
Read more »

Stocks give up early gains to end lower as investors weigh rush to reopen economiesStocks give up early gains to end lower as investors weigh rush to reopen economiesU.S. stocks gave up early gains to close mostly lower on Tuesday as investors gird for a slew of corporate earnings and the possibility that resuming normal economic activity could reignite coronavirus infection rates.
Read more »

Stocks rise as governments look at reopening economiesStocks rise as governments look at reopening economiesStocks rallied worldwide Monday as governments prepare to gradually lift restrictions they imposed on businesses to slow the sweep of the coronavirus pandemic.
Read more »



Render Time: 2025-03-01 02:18:38