Cargill Inc., the fourth-largest U.S. pork processor, predicts U.S. exports of the meat will keep climbing and plans to begin breeding hogs this month at a Texas farm it bought from a competitor.
An expanding middle class in developing nations should help to increase global meat consumption, said Dirk Jones, president of Cargill Pork in Wichita, Kansas. The U.S. has the land and labor available to raise hogs more cheaply than countries such as Mexico, he said.
“We do take a longer-term view,” Jones said in a telephone interview yesterday. “Our industry should be optimistic about growth. We see the growth continuing in the industry, specifically in the export market.”
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