Protein costs have elevated quickly previously 24 months, amid the broader press of inflation. With inflation at its highest price in additional than 40 years, the query turns into how lengthy beef, pork and poultry costs can stay at such elevated ranges earlier than demand erodes considerably.
David Williams is senior vp of procurement and administration at CTI Meals, primarily based in Texas. On this episode, Williams discusses the present state of the animal protein markets, with a watch towards the implications of sustained meals worth inflation on demand, and the way those self same elements will affect the provision aspect of the equation over the following 12-to-24 months.
We additionally talk about the persistent drought in cattle nation, and why he says most analysts are underestimating how a lot the cattle herd is shrinking as producers wrestle within the absence of hay and pasture.
This episode is sponsored by United Animal Well being, a frontrunner in animal well being and diet. You’ll be able to study extra about United Animal Well being and the way they’re working to advance animal science worldwide by visiting their web site UnitedANH.com.
