Meatpacking Rebounds but High Prices and Backlogs to Persist
OMAHA, Neb. (AP) — Meat production has rebounded from its low point during the coronavirus pandemic when dozens of plants were closed, but experts say consumer prices are likely to remain high.
They also say it will take months to work through the backlog of millions of pigs and cattle that was created this spring, creating headaches for producers.
The U.S. Agriculture Department says beef, pork and poultry plants were operating at more than 95% of last year's levels earlier this week.
That was up from about 60% in April at the height of plant closures and slowdowns at the height of the plant closures and slowdowns.