Plant closures could impact meat supply chain this summer
Bottlenecks in the supply chain will have lasting effects on producers, retailers and consumers.
Temporary closures of meat processing plants due to COVID-19 could shrink retail and foodservice inventory nearly 30% by Memorial Day, driving up prices of pork and beef by 20%, says a new report from CoBank’s Knowledge Exchange division.
Inventory is down
More than 20 meat processing plants halted operations in…