The U.S. pork industry has built multiple new plants during the past four years, increasing U.S. packing capacity by 12 percent, with much of the new capacity destined for international markets. As processing capacity has expanded so has production.
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The hogs and pigs breeding herd is 5 percent larger and inventory of market hogs is 11 percent larger compared to 2019, as of September 2020.
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Experts said an outbreak could cause $1.8 billion in damage to Texas' economy and likely would raise beef prices by shrinking cattle supply.