The appearance of ASF in Belgium has entailed a real blow for the EU pig sector.
Right now it all depends on the evolution of the situation in China.
As a producer, aligning with a packer-processor that is exhibiting the characteristics of a long-term successful and resilient player with access to the global market is critical for success regardless of how efficient you have become as a producer.
In Iberia, pig prices have reached this year’s peak. Now, prices can only drop… The evolution of prices is very similar to that in 2015.
7% drop in belly price in a single day is signaling the end of the summer seasonal prices.
Which of the two views is more appropriate for understanding the ins and outs of the global pig market?
There was a time when pig price was determined by seasonal patterns and total production… Now the belly price is driving the carcass price in the United States.
Every week a new price is set that reflects a momentary and unstable but necessary and essential balance.