Will the process of pig herd recovery in China be fast or slow?
The pig price in China has grown by 27.5% in 4 weeks from an already record price.
China has been buying great volumes of pork cuts in all Europe for a few weeks. The pig price in China has shown a spectacular rise.
How ready is the global meat sector for up to 25% of their current production to be offset by plant-based products in the next five years?
It is obvious that the current situation cannot last much, and that a correction will be needed soon: or our European competitors increase their prices or we reduce them.
A grand majority of countries expect maximum prices much higher than those recorded in the last three years.