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Articles - Economy

At the Top of the World

What implications do current hog prices in Spain have for exports and slaughterhouses? How will we manage the typical reduced supply in the summer, exacerbated this year by PRRS?

Intricate balance

Slaughterhouses will suffer a very complicated summer; in addition to the normal lack of pigs, there will be the absence of hundreds of thousands of piglets, victims of PRRS. Sooner rather than later, we will only be able to slaughter just four days a week.

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Pig prices

Germany24 Apr
0.000
China10 Apr
0.030
Spain 18 Apr
0.000

Pig production data

Figures & trends in pig numbers, pork production and pork trade.

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Pig price - Spain - Mercolleida - Live

Unprecedented is an understatement

We are witnessing a reconversion of the industry. We have seen a string of all-time record hog prices and now pork prices for processors are also rising, but large-scale distributors are only willing to raise prices in dribs and drabs.

Global supply chain is changing

It’s a global version of inventory management at the firm level where varying amounts of inventory for different goods are kept in storage because the relative cost of doing so is believed to be less than the cost of running out.

Breakdown of pig production costs in 2021 in €/kg carcass. Source: IFIP based on Interpig data.

Swine production costs increase in all countries

In 2021, pig producers' economic performance was hindered due to higher production costs (+14.9% on average) while prices received fell throughout Europe, except in Italy. Results were negative in 12 of the countries compared to only 5 of them in 2020.

An agonizing August at the limit

Summer has been hellish with skyrocketing costs, slow rising pig prices and "anchored" pork prices. Guillem Burset analyzes the current situation in the swine market and predicts what the coming months will bring.

The specter of demand destruction

When real incomes fall, people will buy less pork at every price, meaning that if prices come back down to previous levels, less pork will be purchased than before at every price, high or low. This is called demand destruction.

Calendar

The pig sector events all around the world

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Pig glossary

Definition for the most commonly used pig terms

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Welcome to 333

Connect, share, and interact with the largest community of professionals in the swine industry.

Celebrating 138193Users on 333!

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Pig prices

Germany24 Apr
0.000
China10 Apr
0.030
Spain 18 Apr
0.000

New scenario

Guillem Burset analyzes the current situation in the European swine market, which is entering uncharted territory: skyrocketing prices, exports threatened, prices of raw materials and energy going through the roof, a lack of pigs...

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