Slaughterhouse Comeback Signals Easing American Meat Shortages

Slaughterhouse Comeback Signals Easing American Meat Shortages

(Bloomberg) -- If getting more pork to consumers is the only gauge, then U.S. President Donald Trump’s order for slaughterhouses to reopen after Covid-19 outbreaks looks like being a resounding success.

Government estimates for daily hog slaughter jumped 19% from a week ago and is now only 11% below year-ago levels. The cattle kill is also up.

Top meatpacker JBS SA said Friday that while output is likely to keep climbing, it’s too soon to say that the worst is over given all the virus unknowns.

©2020 Bloomberg L.P.

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