date:May 14, 2014
ance brings year-to-date RPCE for pork to $32.64, a figure 5.2 per cent higher than one year ago, and 7.9 per cent higher than the average for March from 2009 through 2013. March marks the thirteenth straight month in which RPCE for pork has exceeded its year-earlier level.
The months performance was driven by record-high retail prices. The average price of a retail pound of pork hit $3.83 in March, 8.9 per cent higher than one year earlier. Allowing for inflation, the real price gained 7.3 per