While the number of new cases of porcine epidemic diarrhea virus (PEDV) in the U.S. is down compared Show more While the number of new cases of porcine epidemic diarrhea virus (PEDV) in the U.S. is down compared to the peak number of cases reported in spring 2014 it remains high.
While the number of new cases of porcine epidemic diarrhea virus (PEDV) in the U.S. is down compared Show more While the number of new cases of porcine epidemic diarrhea virus (PEDV) in the U.S. is down compared to the peak number of cases reported in spring 2014 it remains high.
There are currently 34 states with at least one confirmed positive case of PEDV entered into the USDA database. a) What will be the effect on live hog prices during the fourth quarter of 2015? b) What will be the effect on U.S. packer margins during the same period? c) What would be the effect on retail price of pork? Justify your answer for each response. d) Do you think that the prevalence of PEDV and the number of pig deaths associated with it (over 8 million in the U.S. to date) will make U.S. consumers stop eating pork? Why or why not? Show less
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