Pork price cut plan draws cautious USDA support
A ANCA official supports the Agriculture Department urging retailers to push pork sales by cutting prices, believing it could boost the meat industry and aid cattle and hog producers. USDA economist Don Paarlberg urged price reductions to pass market cuts to consumers, possibly strengthening hog prices. Cattle prices and broilers also dipped, while hogs fell to about 15.40 per hundredweight from last year’s 25. A church attendance line ends the piece.