China’s demand for pork has moderated and many economists have expressed concern that will lead to lower pork prices.
But, US Meat Export Federation economist Erin Borror says there’s an opportunity to rebuild pork consumption in other parts of the world. “There are big opportunities in Mexico, and also in Central and South America, and the Dominican,” she says. “Places where we’re seeing current growth, there’s still growth potential.”
She says the US has a competitive advantage over Europe in those countries.