With pork production costs and wholesale prices on the rise, retailers, analysts and industry groups respond with new ideas.
Rising production costs have led to huge increases in the wholesale price of pork, forcing retailers and pork producers to decide between cutting into margins and potentially alienating shoppers who remain cost-conscious during a weak economic recovery. A Steiner Consulting Group report, citing U.S. Department of Agriculture data, showed pork wholesale prices have shot up during the past year. For the week ending April 8, prices for nearly all cuts were up 1 to 21% compared to the same ...
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