With total U.S. red meat production projected to be down 3.7% in 2023, what about demand for U.S. pork?
For 2023, in the face of a rapid decline in beef production, and a corresponding rise in beef prices, with no recession, I'm projecting continued strong demand for U.S. Regarding lean hog futures prices, in the short term, because many hogs were backed up over the holiday's due to normal disruptions and due to some extreme weather conditions, I'm projecting lower to sharply lower prices during the first three weeks of the year. In terms of meat production, be aware that many are projecting a world meat shortage to develop in the coming years. The degree or depth of recession is impossible to predict. My sources estimate that late in the first quarter or early in the second quarter such pent-up demand will begin to hit the world market. In addition, in the case of pork, production is projected to fall substantially in Europe. The lower participation rate, a concern for many, appears to be a function of the aging baby boomers. beef production, that is projected to last several years, is likely the start of this world meat shortage. Finally, it also appears that the industry has sort of hit a brick wall in terms of efficiency. The September/November pig crop is pegged at 33.7 million, down 3.5% from the record high Septempter/November pig crop of 2020. In fact, its rather alarming that these large independent producers are willing to simply exit the business. The exact situation in China is unknown.
The Economic outlook conference, is made to give business owners and people who live in the area, a look at the local economy.
25 and the program starts at 8 a.m. The event is on Jan. BRYAN, Texas (KBTX) - The Economic Outlook Conference provides business owners and community members a look at the local economy.
The NWS in Memphis issued a statement Tuesday morning about a hazardous weather outlook that included Lafayette County and North Mississippi.
January is typically Oxford’s coldest month of the year with an average high of 50 degrees and average low of 32 degrees according to Weather Spark. A few strong to severe thunderstorms are possible early Tuesday morning with heavy rainfall also expected. The NWS in Memphis issued a statement Tuesday morning about a hazardous weather outlook that included Lafayette County and North Mississippi
At the end of another busy year where we're all struggling to catch breath, Global Content Director Rob Cockerill takes a step back and casts thoughts to ...
Few would have realistically foreseen the onset of war in Europe; and no-one could have predicted a Covid pandemic that would rip through the world with such enduring ferocity. If this nascent decade has taught us anything, it is perhaps to expect the unexpected. With the New Year now underway, let’s take the opportunity to do exactly that…
At the end of another busy year where we're all struggling to catch breath, Global Content Director Rob Cockerill takes a step back and casts thoughts to ...
Few would have realistically foreseen the onset of war in Europe; and no-one could have predicted a Covid pandemic that would rip through the world with such enduring ferocity. If this nascent decade has taught us anything, it is perhaps to expect the unexpected. With the New Year now underway, let’s take the opportunity to do exactly that…
When someone impersonates you by exploiting your personal information to perpetrate fraud or gain other financial advantages, this is known as identity ...
The verification procedure is frequently seen as more of a hassle than a requirement to guarantee the security of the data or the transaction itself. With a compound annual growth rate (CAGR) of 17.1%, the identity verification industry is predicted to increase from $8 billion in 2021 to $17.7 billion in 2026. The technological world and everything related to it move swiftly, and identity confirmation is no exception. It is a collection of digital credentials and traits that have been verified; it is not dissimilar to how people identify themselves in the actual world. [Biometric validation-based KYC](https://www.idcentral.io/product/face-match/) is expanding to combat fraud and identity theft. According to the GBG State of Digital Identity survey, one-third of customers think their personal information is for sale, and two-thirds are worried that it may be revealed when they make purchases online. Is it conceivable that in the future, gaming platforms will be the target of regulators, and they will demand that all gamers have their identities verified? [Know Your Customer (KYC)](https://www.idcentral.io/solution/kyx-solution/) or Know Your Client is the process of onboarding customers. One of the expanding trends in travel fraud is the theft of a traveler’s credit card information. A lengthy and time-consuming [SIM Card registration process](https://www.idcentral.io/blog/identity-verification-in-sim-card-registration/) results in the regrettable immediate clientele loss of many good brands. The judicial system still requires improvement, and it is difficult to crack the case of identity theft. The capacity of machine learning IDV to adapt and learn from experience is one of its typical characteristics.