The kids today! ๐ธ
Apr 10, 2023๐ฅฉ In March, consumers’ willingness-to-pay (WTP) decreased for four evaluated retail products – ribeye steak, ground beef, bacon, and chicken breast— compared to February, but increased for all evaluated food service meals, according to the latest Meat Demand Monitor (MDM).
• However, while retail demand remained low over these couple of months for bacon, it improved for pork chops, both month-over-month and over the past two years.
• Another key finding is that younger generations are more likely to have ground pork as a main, center-of-plate item than older generations, but everyone is likely to use it as a meal ingredient.
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