Meat pincher 🪙🥩

💸 Comparing this year’s January and February, consumers' willingness to pay for meat decreased for all evaluated retail products and food service meals, pork meat included – except plant-based patties.

     • What we’ve been continuously seeing is that typical US residents are financially tightening their belts as cost of living outpaces wage growth. This is taking on the form of pinching both at-home and away-from-home meat demand.

🔎 For more insights on how consumers are organizing their expenses and how this is impacting the swine industry, read this.