Foodservice Edition

 

Many end users are currently working on their budget plans for 2018 and we (Steiner) recently updated our outlook for all of next year and an early look at 2019. Some of our thoughts at this point differ from USDA, largely with regard to the amount of pork that will be available in the US market.

This is largely due to the fact that we expect US pork production to increase at a slower pace in 2018 relative to USDA forecasts. to increase by 2.7% next year.