Consumers have tightened their belts when it comes to what they are willing to pay for in meat, both in the retail sector and in food service. According to Glynn Tonsor, the latest Meat Demand Monitor not only shows a dip in domestic demand over last month, but for all examined retail products and food service dinner meals in December of 2022 compared to December of 2021.
With the last four months of MDM surveys reporting neutral to declining domestic retail demand, and now taking in current consumer finances, the professor in the Department of Agricultural Economics at Kansas State…
