In 2024, hosting a 10-person barbecue on the Fourth of July costs $99, the highest on record.

Several markets see local market conditions improve in the first quarter of 2024, often driven by production cuts to rebalance supply.

Lower input costs, and therefore lower-priced chicken, should help stimulate chicken consumption in 2024 and accelerate growth in the industry.

The main issues for 2023 and 2024 include slow global economic growth, further declines in feed prices, and rising volatility risks due to avian influenza and El Nino.

Global trade is expected to stay strong this year.

The reopening of the world's largest pork market, China, will impact the global supply-demand balance.

An economic downturn will affect market conditions, ongoing high inflation will pressure consumer spending power and operational issues will continue to challenge producers.

Rabobank predicts prices will be supported in 2023 by high feed costs and elevated energy prices.

Marketplace research finds some positive trends for beef and poultry markets.

Despite cost pressures and market instability around the world, U.S. pork exports are showing some bright spots.