Source: Greg Henderson, DROVERS, 1/19/22


Rising retail meat prices coupled with historic packer margins and softer cash prices for cattle and hogs created what the Biden administration has called “exploitation” of consumers and farmers. That view is disputed by the North American Meat Institute (Meat Institute) which says “consumers saw increased meat prices in 2021 because of labor shortages, greater consumer demand, supply chain problems and other factors experienced by most sectors of the economy.”

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