Meatpacking rebounds but high prices and backlogs to persist
June 12, 2020
OMAHA, Neb. (AP) — Meat production has rebounded from its low point during the coronavirus pandemic when dozens of plants were closed, but experts say consumer prices are likely to remain high and it will take months to work through a backlog of millions of pigs and cattle, creating headaches for producers.
Earlier this week, beef, pork and poultry plants were operating at more than 95% of last year's levels, which was up from about 60% in April at the height of plant closures and slowdowns, according to the U.S. Agriculture Department. That increased production came as companies took st...