date:Jul 28, 2014
her prices for pork are having a significant impact on importing countries such as Mexico, Japan and South Korea, Rabobank analysts noted. Prices for pork have jumped 25 percent year-over-year in Mexico and have the potential to gain another 5 percent. Meanwhile, Japan is especially feeling the pinch of higher prices because of the low value of the yen. Meat processors in Japan will be challenged to find sufficient supplies of red meat with beef supplies also under pressure, according to Raboban