The second-half forecast sees pork and poultry segments offsetting challenges in the beef industry.

Drought drives herd liquidation while pork and poultry production will see a bump in 2024.

Prominent processors endure a cooling-off period in early 2023.

With ample protein supply, consumers’ choices in 2023 will depend on multiple factors.

Inflation is the common denominator influencing processors in 2022.

In 2021, beef processors thrived while demand for animal protein continued growing.