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ANALYSIS: Impacts of Prop 12 Shape Memorial Day Outlook for Pork Ribs, Bacon and Butts
Memorial Day is traditionally celebrated as one of the major pork holidays each year. Ribs, bacon, and butts are all beloved staples of this popular weekend that marks the official start of summer. However, this year presents a unique situation due to rebounding cold storage levels post prop 12 proclamation, sow liquidations, and economic uncertainty, unlike the past few years.
The current values for bone-in butts show an increase of 3.9% compared to this time last year, and they are also 10.4% above the...