Scalper1 News
Meat producers have risen quickly in IBD’s industry rankings, as drought and disease have combined to cause shortages of pork and beef . The Food-Meat Products industry group has risen to No. 12 out of 197, up from No. 53 six weeks ago, as of Friday’s IBD. The group also appeals to investors seeking defensive stocks. Consumers have been switching to less expensive chicken amid spiking beef and pork prices. That’s helped major chicken producers Scalper1 News
Scalper1 News