A guessing game ๐คโ
Jun 09, 2023๐บ๐ฒ๐ Another one on Prop 12? Yes, please! That the US Supreme Court has ruled in its favor means a lot of things… The first and most obvious one is that the way is now open to laws similar to the Californian one. It's also a fact that until enough producers are compliant, pork prices outside of California will be depressed with extra supply on the market.
๐๐ท The truth is that what exactly will happen after Prop 12 kicks in is a huge question mark. In the very short term, butcher hog numbers are dropping off and retailers are dropping prices. In the long term, the pork situation is looking bullish and a deep contraction in the US breeding herd is anticipated. For more predictions, read this.