Production Pressures Prices

Meat and livestock prices are likely to fall further in North America in 2016, according to Tyson Foods, which claims about 20 percent of the U.S. beef, chicken and pork markets.

Overall domestic protein production—chicken, beef, pork and turkey—is set to increase by 2 to 3 percent this year, which the company says will push product prices down. Lower feed costs, however, will support profit margins.  Source: agrimoney.com S