The comeback of pork continued with it now being the second most produced meat in the U.S. Pork recently surpassed meat to land in second behind chicken. According to the USDA, pork production will climb this year to a record 23.91 billion-lbs., as per-capita consumption reaches the highest in five years. Beef output will drop 1.7% to 23.90 billion-lbs. Chicken will lead the category as it reaches its all-time high of 39.21 billion-lbs.
Pork output, hurt in recent years by a deadly virus that have wiped recently born livestock, in projected to increase 4.6% as breeding-sow herd had the largest increase for a three-month period in 17 years. The total hog population increased 2% to 66.05 million in the last year.
Hogs are also getting bigger as two years of large corn and soybean crops have made feed cheaper for farmers. The average pig for slaughter weighed 216 pounds last year with a record-high 222 pounds in May 2014.
For beef, cattle ranchers are still feeling the effect of a 2012 drought that has beef production headed for its lowest levels since 1993.
Despite the warnings of Elon Musk, artificial intelligence is on its way. It's not a topic we've shied away from in the Food Institute Blog, either, but a few developments over the past few weeks have inspired me to once again dive into the technology of the future in hopes of determining how it will affect the food industry.read more
Now, more than ever, the issue of food waste is top of mind for the food industry. Despite retailers, foodservice operators and manufacturers trying to tackle it head on, many challenges lurk around the corner. Despite this, innovative and impactful approaches abound to tackle this complex concern.read more
James covers markets for the Food Institute, including the canned vegetable, frozen vegetable, tomato products, processed fish, dried fruit, nuts and juice and concentrate sectors. A reporter and editor for 21 years, James has worked as a writer and editor for North Jersey Media Group, an associate editor at Rodman Publishing and a production editor for the Daily Racing Form. James can be reached by email at email@example.com or by phone at 201.791.5570 ext. 227.
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