USDA predicts rise in pork production
The US Department of Agriculture (USDA) is forecasting a 3% increase in commercial pork production in 2007 to 9,8 billion kilogrammes.
This estimate, based on the December Hogs and Pigs report, assumes continued high feed costs will likely force carcass weights to remain at 2006 levels.
Increases in exports and decreased poultry production may help offset higher pork supplies and translate into lower pig prices than in 2006.
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