The main factors behind the drop were reduced purchases from meatpackers and a decline in pork’s competitiveness compared with beef and chicken. Market data shows that in September, pork had its weakest price advantage of the year, triggering slight declines that continued into October.
Market forecasts for November are mixed. Some analysts expect prices to recover due to tight supply and seasonal end-of-year demand. Others caution that September’s high prices could push retail pork prices upward, potentially reducing consumer interest.
PigUA.info based on materials from thepigsite.com