The war in Ukraine has been going on for three months now, and, unfortunately, it doesn?t look like it?ll be ending anytime soon. It?s had an impact on just about every global market, including U.S. red meat. U.S. Meat Export Federation (USMEF) Vice President of Economic Analysis Erin Borror talked about how the war in Ukraine is impacting red meat availability and production.
While the lower feed supply will have an impact on every livestock market, it will be especially tough for European hog production. Borror said they?ve already been seeing reductions from African Swine Fever, and the war has only made that issue more pronounced.
These issues, among many others, will cause a long-lasting domino effect. Borror said that the impacts from the war will likely last far beyond the current growing season.
For more information, visit usmef.org.
