Articles - Economy

Time will tell if PEDV is the cause but weaned pig and feeder pig prices began to turn up in June, a couple of months ahead of their traditional seasonal bottoming with the turn toward seasonal highs which peak usually in February or March.

We are closing the financial year at the minimum level in the whole year, in a turbulent setting that will need three or four weeks to clarify itself.

When you earn a profit, you have created more tangible value than the cost of the scarce global resources used to create your final product.

Globalization is a fact, and regional or national peculiarities are progressively less important.

This is done by moving from single most likely value to ranges of possible outcomes with an assigned probability

Europe is facing difficulties for selling its meat: Russia restricts its importations and in the Asian markets it must compete with pig meat from the American continent.

Political decisions in the form of new laws, regulations, permitting requirements, etc. are extra-market forces which can cause market costs and revenues to swing significantly from the pathway set down by fundamental forces, like supply and demand.

In September Spain has started a downward trend spiral. The livestock supply is very high, and the maximum activity of the abattoirs cannot even absorb it.

Understanding the market dynamics of feed ingredient costs is crucial not only to manage overall costs of production but to ensure effective strategies in purchasing, margin hedging, peak line of credit acquisition and liquidity or financial risk management.

The annual pig meat production is 500,000 tons, and the amount assigned to exportation reaches a 40% of the total. The geographical characteristics of Chile provide it with unique conditions that have allowed the eradication of diseases such as PRRS.