July 25, 2023
For those of us who follow the meat markets, we are in a confusing time.
In the last few weeks, the Wall Street Journal ran a feature on “Why Your Steak is Getting Pricier,” another that begins with the premise that “America Has Too Much Pork,” and yet another about the country’s largest meat supplier by sales, which contains the byline “Meat company plans to slash positions as it seeks to cut costs, streamline business.”
Conditions in the protein sector are so challenging at the moment that the Journal offered an op-ed piece suggesting that today’s market conditions vindicate the industry from the unfounded attacks hurled its way during COVID.
So where do things stand? And what does it mean for North Carolina? According to USDA-NASS, nearly 70% of our state’s farm cash receipts come from the livestock, dairy, and poultry subsectors. Should we be concerned? Who can help us make sense of all of this?
We will address those questions and more on July 25th during our next Ag Allies webinar, titled “Animal Protein: State of the Sector.” Industry experts will discuss the most recent trends, the drivers behind them, and the outlook for the next few months and beyond.
This programming is offered on a complimentary basis and is open to public.
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Tuesday, July 25
|Welcome Remarks and Introduction
Ray Starling, General Counsel, President of the NC Chamber Legal Institute
Dr. Blake Brown, Hugh C. Kiger Professor of Agriculture Economics, NC State University
Moderator: Ray Starling, General Counsel, President of the NC Chamber Legal Institute