We come to the close of a year filled with happy surprises in the hog industry. 2018 will be a year of continued growth in income for most nations throughout the world. Higher incomes bring more demand for pork.
Our prices will still fall, with slight drops, but it will fall, until reaching a point in which all the pigs that can be slaughtered will be slaughtered. The bottom price cannot be very far away…
The sentence of the title is a quote from Sheryl Sandburg, COO Facebook. Contrary to all the headline grabbing scary stuff about dictators with missiles and itchy fingers, we appear to be entering a period of wide spread global economic recovery and potential prosperity that will drive big benefits to billions of people and some very special good news for pork producers worldwide.
Spanish pig prices will still fall, but the great question is: until where? The answer is not an easy one, but we tend to think that…
- 20MarChina: ASF affects all aspects of the swine and pork industry
- 19MarFrance: Strategic Plan for the pig sector in the Great West
- 15MarUS: Pork export volume just short of 2017 record
While the remainder of the year will likely have challenges a little deeper than most are thinking now, it is not looking like a disaster…
September will witness a series of drops in price, like a cascade. The abattoirs demand incentives to increase the slaughterings. The limit of the fall will depend on the international context.
There is a lot of uncertainty about what will happen to the US pork export picture now that President Trump has pulled out of TPP and wants to renegotiate NAFTA.
This means looking at ‘whole business decisions’, being able to do good calculations that take into account all production factors. Taking decisions on single traits, like born alive, have no place in a modern effective pig industry.