Articles tagged under: Steve Meyer
Prop 12 Confusion
Published June 19, 2023
There has been a lot of confusion since the Supreme Court gave a green light to California’s Proposition 12. "They will start enforcing it on July 2, but from there there's confusion on what happens to non-compliant products in inventory,"…Pork Packing Capacity is Increasing
Published January 4, 2022
A handful of companies control the majority of beef, pork and poultry processing nationwide. The Biden Administration blames a lack of competition, saying it hurts farmers and consumers. Veteran economist Steve Meyer disagrees. "They're pointing to higher prices and saying…U.S. Pork Demand is Terrific
Published February 15, 2021
In spite of the COVID pandemic, Kerns and Associates Economist Steve Meyer says U.S. pork demand is terrific. "When this thing started breaking in March, if you would have told me we would end the year with meat and poultry…More COVID-19 Challenges Ahead for U.S. Pork Producers
Published July 22, 2020
According to Kerns and Associates economist Steve Meyer, U.S. hog producers are holding on to about 1.1 million animals that should already be slaughtered by now. "We think this number will be up to about 1.6 million by the end…Big Trouble in 4Q
Published July 10, 2020
Pork packing plants are operating at five-to-seven percent below capacity. Kerns and Associates Economist Steve Meyer doesn’t expect the numbers to get much better than that. "At the beginning, I thought we'd be lucky to get back to ten percent…No Quick Solution for Packers or Pork Producers
Published June 12, 2020
According to Kerns and Associates economist Steve Meyer, the idle capacity of pork processing plants is at 11.3 percent, the lowest number seen in recent weeks. However, progress is starting to slow. "We speculated that the early days of recovery…Millions of Pigs Displaced With Packer Capacity Problem
Published May 13, 2020
Pork packing plants may be operating, but they're not running at full capacity. Kerns and Associates economist Steve Meyer said that means the bottleneck in the supply chain will continue. To bring plants up to speed, Meyer said the packer…Any Packing Plant is Important Right Now
Published April 15, 2020
According to Kerns & Associates economist Steve Meyer, any packing plant is important to the pork industry right now. "It's the cumulative effect that gets us. If we would have lost one plant at a time, even just two plants…Large Losses Expected for U.S. Pork Producers in COVID-19
Published April 15, 2020
According to an economic analysis by Iowa State University economist Dermot Hayes and Kerns & Associates economist Steve Meyer, hog farmers will lose nearly $37 per hog or almost $5 billion collectively for each hog marketed the rest of the…