Unemployment rates are low, and the lack of available labor could create a bottleneck in the meat processing sector and drive prices lower.
Christine McCracken with RaboResearch says processing typically peaks in the fall, and slaughter facilities need to be able to run at full capacity. “The animals in most cases come to market at a specific weight,” she says. “If that backs up they will be heavier weight animals and will add more meat to the market.
Continue reading Meat processing labor pains could impact prices at Brownfield Ag News.
