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Source: Jennifer Shike, PORK BUSINESS, 6/1/21
How will California’s Proposition 12 impact the U.S. pork industry? An analysis by Barry Goodwin, an economist at North Carolina State University, predicts dramatic changes—including the loss of small farms and further consolidation of the industry—as a result of Proposition 12 compliance costs. In short, Goodwin says the costs to producers will be catastrophic. He explains that the stresses placed on the entire production and marketing chain will favor larger processors, thereby leading to ever-increasing consolidation and concentration of the industry. For more of this story, click here.
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