Guillem Burset

In order to dream of better prices we must find a bottom from where to rebound. We are very probably there, although Spanish market is, right now, heavier than the German one.

It has been years since we last saw such a risky price and situation.

The European market is saturated with pork since late summer. The WHO's report has been an ice-cold shower for the whole of the European pig sector.

We think that in October the price will still fall in Spain. A correction for the alignment with our neighbours is prevailing.

The Spanish price can only fall, and it will inevitably drop week after week in September.

The heat has brought about a drop by more than 2 kg/carcass in July. This has not caused an increase in the price, as the Spanish price is the highest in Europe, and pork price is very low.

The harsh reality is that the outlook is bleak in all Europe.

Although the European exports have behaved well so far this year (the Russian embargo has been compensated), this is not enough: the weather has not favoured the BBQs in Germany and it is still too early for the summer pork consumption in the south European coasts.

April has gone by with a surprising change in the trend of several European markets.

Guillem Burset comments on various current affairs of the European pig market: stocks and private storage, merger of Tican and Danish Crown, prospects on the price recovery…

The prices recover both in northern and southern Europe.

In February, the price should improve, slightly and with difficulty, but it should ameliorate.

We think that administrations must take urgent actions regarding the crisis in the pig sector.

In our sector we know well that if Germany sneezes the whole of Europe catches a cold. Last Wednesday the prices dropped by €0.04 in Germany…

Europe as a whole has a flat depressive profile with the prices in the minimum levels of the last three years.

All the European markets lower the prices very quickly to position their meat as best as possible with respect to its rivals. The search for alternative markets is essential…